Tesla CEO Elon Musk is now in the roofing trade after the merger with SolarCity was approved by shareholders.
The good news for consumers is that wheeling-dealing Elon will fit the new solar roof for less than it’ll cost for a regular old house-covering affair.
Related: Elon Musk’s masterplan explained
This includes the manufacturing and installation costs, according to Musk who claimed “electricity is just a bonus.”
According to a Bloomberg report, Music said: “
“Why would you get anything else?”
It’s anticipated that much of the savings will be through the shipping of the tempered glass solar panels.
They’re still really expensive, but will be lighter and more resistant to damage than the traditional slates.
So, when Musk said it’s going to be cheaper, he’s comparing it to the most expensive terra cotta roofing materials on the planet.
In other words, it’s going to be cheaper in the way that a Tesla Model S is cheaper than a Ferrari.
The entrepreneur believes the electricity savings could surpass $100,000 on large houses over time.
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Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
