Elon Musk, the CEO of Tesla Motors and SpaceX shares his vision of solar roof tiles on the roof of every home.
Reporter: Adrian Vasilescu | Sub-Editor: Marwa Khalifa
The event took place in Universal Studios, Los Angeles, and was attended by more than 1000 people.
The company’s new product consists of roof tiles made from glass and is intended to be more a attractive and efficient way of storing and using solar energy, especially if you drive an electric vehicle.
Musk claims that the goal is to have solar roofs that in the long run cost less than normal roofs with separate electricity costs, or with the cost of solar panels installed later. They are also expected to be a more attractive way of using solar energy than the current ones.
Additionally, part of the launch was Powerwall 2, the carmaker’s home battery. It has enough storage capacity to provide power for the facilities of a four-bedroom home for a day. Musk said it would cost $5.500 (£4.511). No price was given for the tiles themselves yet, but their distribution is scheduled to begin next summer.
Musk painted an image of an integrated future, where if you own an electric car, a Powerwall and a solar roof, everything should be ‘beautifully’ integrated. “If all those things are true, why would you go any other direction?”, he said.
Tesla Motors also expressed the ambition to purchase solar energy company Solar City, claiming that it would be easier for the project since having separate companies would “slow things down”, Musk said. The decision is frowned upon as Wall Street is concerned that Tesla might be taking a great risk considering that Solar City has a debt of about $3.35.
The company’s shareholders will vote on the acquisition on the 17th of November.