Elon Musk: Tesla's Solar Roof Will Cost Less Than a Traditional Roof (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: After Tesla shareholders approved the acquisition of SolarCity, the new company is now an unequivocal sun-to-vehicle energy firm. And Chief Executive Officer Elon Musk didn't take long to make his first big announcement as head of this new enterprise. Minutes after shareholders approved the deal -- about 85 percent of them voted yes -- Musk told the crowd that he had just returned from a meeting with his new solar engineering team. Tesla's new solar roof product, he proclaimed, will actually cost less to manufacture and install than a traditional roof -- even before savings from the power bill. "Electricity," Musk said, "is just a bonus." If Musk's claims prove true, this could be a real turning point in the evolution of solar power. The rooftop shingles he unveiled just a few weeks ago are something to behold: They're made of textured glass and are virtually indistinguishable from high-end roofing products. They also transform light into power for your home and your electric car. "So the basic proposition will be: Would you like a roof that looks better than a normal roof, lasts twice as long, costs less and -- by the way -- generates electricity?" Musk said. "Why would you get anything else?" Much of the cost savings Musk is anticipating comes from shipping the materials. Traditional roofing materials are brittle, heavy, and bulky. Shipping costs are high, as is the quantity lost to breakage. The new tempered-glass roof tiles, engineered in Tesla's new automotive and solar glass division, weigh as little as a fifth of current products and are considerably easier to ship, Musk said.
If Musk is correct then... Great! Sign me up!
I think I'll wait for a variety of third party reviews before I get too eager though. Of course Musk is going to cheer his own product, but lets see if experts agree with him and if the price really is lower when it really hits the market.
"That's the way to do it" - Punch
Calm down there Mr. Free Bitcoin. If you think Musk "got lucky" by investing in PayPal, "got lucky" again when starting Tesla at just the right time, "got lucky" again by pushing the private space sector again at just the right time, and "got lucky" by building in Solar City to vertically integrate two of his biggest (and most environmentally impactful) industries, then I suppose he is just an insanely lucky man. Taking a step back and looking at the bigger picture, though, one might call him a visionary. Yes, having the right people is critical. Steve Jobs was neither a hardware nor software engineer, he was a visionary.
Tesla's new solar roof product, he proclaimed, will actually cost less to manufacture and install than a traditional roof -- even before savings from the power bill.
Unlikely that it will be cheaper than an asphalt shingle roof. Not so surprising that it might be cheaper than an (expensive) slate or similar high end tile.
They're made of textured glass and are virtually indistinguishable from high-end roofing products
Umm, no. They are not "indistinguishable" from high end roofing products but they are reminiscent of them and appear to be rather attractive looking on their own merits.
What makes entepreneurs successful is not luck, but taking advantage of it when it presents itself.
If construction was anything like programming, an incorrectly fitted lock would bring down the entire building...