Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…
You can cut maybe 5-8 years off that if you factor in the cost of non-solar roofing. I doubt too many people are signing up to replace their roof if it doesn't already need replacing.
Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…
It can take 30 years to break even. It's attached to a house, which will be around at least that long.
When you sell that house in the future, it's STILL worth $2500 a year off the electricity bill. The house buyer will be willing to pay more for the house for that; if they keep the house for five years, they will have spent $12500 less on electricity, and they'll still have an electric roof to sell to the next buyer. So you should be able to recoup a chunk of that investment when you sell, because a house that can fuel cars using sunlight is worth more than one that can't.
It's interesting to me that in May of last year Snap, Inc raised about the same amount of money. I've never understood how some companies need so much money. To me it makes sense for Tesla. They are building actual cars and that is expensive. What on earth did Snap need a 1.8 billion for?
Did you see how much Snap was/is paying on infrastructure? It is _insane_. $2 billion over 5 years. The amount of waste that is obviously happening there is maddening.
Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…
It can take 30 years to break even. It's attached to a house , which will be around at least that long. When you sell that house in the future, it's STILL worth $2500 a year off the electricity bill. The house buyer will be willing to pay more for the house for that; if they keep the house for five years, they will have spent $12500 less on electricity, and they'll still have an electric roof to sell to the next buye…
What will the power generation capacity of that roof be after so much time? Don't solar panels wear out?
Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…
Homeowners often pay extra for aesthetics that appeal to them. But lets pretend they don't. How quickly does a normal roof recoup its costs? For at least the beginnings of a fair comparison, you should look at recouping the surplus over the normal cost of a roof. Also, how are you spending $25k on batteries? This sort of comment seems to attempt to try to take the most negative reasonable possible look on the situati…
My home's roof has another 20 years on it. So I'll be tossing half of it's lifetime if I replaced it now. That's partly why I mentioned new home construction would likely be an easier market. Moreover, it's a 3000 sq ft ranch, with larger than the average roof area. The Tesla roof is likely going to start at $50,000, (I said "$50,000+") so I'm thinking $65,000 for my house. Batteries are probably in the range of $10,000 for enough to hold charge for the cars and run the house.
Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…
For people who are going to pay for a fancy new roof anyway, the solar is almost free.
For people who were going to pay for a regular roof anyway, the tesla solar roof is still very expensive compared to a regular roof + regular panels
This was my take on it when pricing things in Austin, Texas.
For people who don't need a new roof at all, tesla solar roof is nonsensical.
Is there a difference between 'raises' and 'borrows'? I read this as Tesla took investment of $1.8B (presumably in return for shares), but in this case they have issued $1.8B of bonds, so they've effectively taken out a loan.
Yeah this was just a loan. The first time for them that it wasn't attached in some way to shares.
The tension is building! They've got all this money, they've shown a few of the cars, they've got half a million deposits, but the cars are just dribbling out of the factory right now like pre-ejaculate.
Let's talk about Solar City. Their product is intended to be a solar roof, indistinguishable from a typical roof from street level. Costs look to be in the $50,000+ range. The marketing is that homeowners will not only drive electric vehicles, but go completely off grid by storing the energy collected into Tesla batteries. In order for this to make financial sense, there needs to be an ROI for the homeowner. So... ho…
How much would it cost for a roof-mounted device that makes gasoline for you? Add your local transportation bill to your electricity bill and now tell me how many years it is.
You can use a Tesla on the grid, and potentially see quicker ROI, depending on your local per-kW rate.