Earlier quoted context omitted.
In my opinion, the Tesla Solar Roof really appealed to people who wanted good looks. They probably already have their “forever” homes and are not thinking of moving at all. It is more about the emotional attachment to this part of your home than its functional aspects. You can buy a $100 dining table from IKEA or you can buy a $1,000 dining table from Pottery Barn or you can buy a custom $5,000 dining table made from…
Yeah and I think that's fine - and as I mentioned below my own reasons for installing solar panels were not just financially motivated. But the economics are also hugely important. Most people don't buy $5,000 tables, and most people don't buy Tesla Solar Roofs - the article says they sold 3,000 total in the last decade. And I don't think Tesla wants to be in the bespoke roof business - they want to be selling to the…
Tesla Solar Roof is on life support as it pivot to panels
231–240 of 363 posts
Re: Tesla Solar Roof is on life support as it pivot to panels
#232Earlier quoted context omitted.
Yeah and I think that's fine - and as I mentioned below my own reasons for installing solar panels were not just financially motivated. But the economics are also hugely important. Most people don't buy $5,000 tables, and most people don't buy Tesla Solar Roofs - the article says they sold 3,000 total in the last decade. And I don't think Tesla wants to be in the bespoke roof business - they want to be selling to the…
> the article says they sold 3,000 total in the last decade. >It also doesn't help that they seemingly had issues scaling up I think these two things were highly related. Same with the cost. They couldn’t figure out how to scale up, which kept prices high and volume low. Because of this, it really was a bespoke business. And while, it looks nice, that type of margin just is not going to provide the returns they promi…
Re: Tesla Solar Roof is on life support as it pivot to panels
#233Earlier quoted context omitted.
No - these numbers likely do not factor in opportunity cost. And yes, you can probably earn a better return elsewhere. But the reasons that I installed rooftop solar were: * Diversification. These days stocks, bonds, real estate, crypto, and even precious metals are increasingly correlated [1]. Solar panels offer pretty consistent returns regardless of what is happening in the stock market. * Backup power. I live in…
I'm in the same camp as you. I'll add that my panels are returning 16% on capital spent, and it's going up as electricity prices go up. So, yes, I could probably get a higher return if I invested that capital elsewhere, but, apart from the diversification, I get benefits beyond the raw financial return. Firstly, earlier this year, we had a cable coming into the house fail. By the time the electrician and city had don…
Re: Tesla Solar Roof is on life support as it pivot to panels
#234This seems to be overblown. I've seen plenty of string inverters around without issues, I'm not sure why this being used against Tesla in particular.
Re: Tesla Solar Roof is on life support as it pivot to panels
#235Earlier quoted context omitted.
> $106,000 before incentives, What's the capacity though. Either way this seems extremely high unless we are talking in terms of like 100kw or something. For reference, I recently installed hybrid/net-metered system set up at my home in India; 7kw solar with a 20kWh battery for around $10K. The biggest cost is for the batteries though. The panels themselves have become extremely low price and the prices continue to f…
It's not just solar panels, it's a roof replacement and solar panels. In high COL areas, the roof alone would likely cost you $10k+ these days.
Re: Tesla Solar Roof is on life support as it pivot to panels
#236> The economics never worked either. An average Tesla Solar Roof costs approximately $106,000 before incentives, compared to roughly $60,000 for a traditional roof replacement plus conventional solar panels — a $46,000 premium. The payback period stretches to 15-25 years, compared to 7-12 years for traditional panels. Yikes that’s a lot of money. For most people buying solar, I think payback period is probably the bi…
I would love some kind of solar, but when I know how cheap it is to install it in places like Africa AND use cutting edge chinese solar/battery tech, my enthusiasm to pay a USA premium makes me just close the tabs. It's too expensive in america for some reason.
Re: Tesla Solar Roof is on life support as it pivot to panels
#237Earlier quoted context omitted.
Yeah and I think that's fine - and as I mentioned below my own reasons for installing solar panels were not just financially motivated. But the economics are also hugely important. Most people don't buy $5,000 tables, and most people don't buy Tesla Solar Roofs - the article says they sold 3,000 total in the last decade. And I don't think Tesla wants to be in the bespoke roof business - they want to be selling to the…
> the article says they sold 3,000 total in the last decade. >It also doesn't help that they seemingly had issues scaling up I think these two things were highly related. Same with the cost. They couldn’t figure out how to scale up, which kept prices high and volume low. Because of this, it really was a bespoke business. And while, it looks nice, that type of margin just is not going to provide the returns they promi…
Re: Tesla Solar Roof is on life support as it pivot to panels
#238Re: Tesla Solar Roof is on life support as it pivot to panels
#239> The economics never worked either. An average Tesla Solar Roof costs approximately $106,000 before incentives, compared to roughly $60,000 for a traditional roof replacement plus conventional solar panels — a $46,000 premium. The payback period stretches to 15-25 years, compared to 7-12 years for traditional panels. Yikes that’s a lot of money. For most people buying solar, I think payback period is probably the bi…
If they can work out the economics to the point that it's more viable than something like treasuries then I don't see the issue? Of course there's some potential market and other variability, but if this business model is sound then Lloyd's is there to insure it?
Re: Tesla Solar Roof is on life support as it pivot to panels
#240Earlier quoted context omitted.
> The middle ground is integrated solar panels, where you have normal sized panels but they are flush with the rest of the roof and there are no tiles underneath them Flush with the rest of the roof seems like a mistake. What if you need/want to replace them with a different sized panel?
That and op said it's more expensive. Why would you do it flush, then? Looks? Eh, I prefer practicality over form and many architects would agree with being more honest.