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Tesla's Solar Roof Is Cheaper Than Expected

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Tesla will begin delivering its first solar roof tiles this summer at a price point that could expand the U.S. solar market. Bloomberg's Tom Randall explains how the tiles work, how they're priced and why Elon Musk sees them as part of a solar-powered trifecta. Read more about the pricing here: https://www.bloomberg.com/news/articles/2017-05-11/tesla-s-solar-roof-sets-musk-s-grand-unification-into-motion ---------- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
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Text Comments (2251)
Emman (6 days ago)
I wonder if airplanes are going to be powered by solar energy in the future. THAT WOULD BE A VERY CHEAP PRICE FOR FLYING.
level 3 gay (8 days ago)
I think this is where environmentalists and hobbyists would agree. Teslas the common ground. It provides results appealing to both sides
level 3 gay (8 days ago)
This would be awesome for homesteads
daro2096 (15 days ago)
Advert. Hate that. How about a proper review and not some paid for advertising?
totally CHILD FRIENDLY (16 days ago)
Elon musk u done it again
Mitch Goodfellow (18 days ago)
Elon Musk knows there are suckers born everyday!
Grid Gaming (18 days ago)
Elon is the guy kids are gonna read about in their textbooks in 100 years
[OCB] (22 days ago)
If this lasts as long as a normal roof then it is a viable alternative. That's the key selling point that would convince people.
Owen Simpson (27 days ago)
Tesla <3
KrispyKraspy (27 days ago)
Wonder what walking on that warm roof must feel like
Fresh Bread (27 days ago)
The price of them is half
Seth (1 month ago)
Is it me or elon looks like cris pratt but fatter?
Gediminas Jesinas (1 month ago)
Rotating solar panels are more efficient, although two or sided roof can also do it.
zero101 (1 month ago)
This guy was given to us by aliens to move us into the future..
jane doe (1 month ago)
Yea big Corp and the government is not having this. They're going to find a way to screw them and us over.
bill lee (1 month ago)
what a joke. Invest the money in the S&P 500 in reinvest the dividends and in 30 years 100,000 becomes something like 800,000
Kermit (1 month ago)
No way they’d do a Tesla product story this positive now.
Rhea Malana (1 month ago)
I like Tesla
FcoSeven (1 month ago)
Tesla is cool and all but here where I'm from all their employees are drug induced humans. No joke they'll be on meth or coke trying to make it past their 12 hour shift snapping on each other. There's problems everyday.
aqmal zullif (1 month ago)
How safe is the shingles tho, if a it was struck by lightning would it explode ? I live in an area where it is very common sooooooo kinda curios y'know ?
Emi Hosaka (1 month ago)
Cheaper? Are you seriously? Not interesting with this product with the price.
mohnish vishal (1 month ago)
Britain hates musk
Random facts (1 month ago)
Tesla is going to own your house by you having Tesla solar panels on your roof Tesla in the garage and mini Tesla battery inside your house
ziC’s (1 month ago)
Future is now
MRios1128 (1 month ago)
Will never work. Electric companies won't allow this to happen lol. They won't be happy about losing money.
911mporsche (1 month ago)
SCAM!
redbaron297 (1 month ago)
There's a YouTube video around of a customer that got told that not all the tiles actually generated electricity.
Old Foot stool (2 months ago)
I can't afford roof repair much less this
Jesse Davis (2 months ago)
Tesla is a money pit.
Jackie long (2 months ago)
Always out of reach price for middle America.
vincent lu (2 months ago)
My friend is going to install the Tesla version solar roof for 70k while my "regular"system costs me about around 25k with familiar size houses. I can't justify that
Joey Peteza (2 months ago)
Definitely gonna buy it when I'm older my roof rn is pretty small but great for a small family
scott l (2 months ago)
Why not government mandate these on roofs over 5000 sq ft?
Rhythm (2 months ago)
rOof
David Ackley (2 months ago)
Because not everybody can afford a roof plus the cost of electricity all upfront! I can’t afford $50,000 upfront. But I can afford 25,000+ electricity over 20 years!
Matthew Hutchinson (2 months ago)
Mines would cost 645k. 55,000sq feet is the my white house’s square footage. Well it’s cheap considering tax payers will pay for all of it.
freedom (2 months ago)
what if it breaks. fixinf cost will be expensive.
darkone12491 (2 months ago)
is this an advertisement or journalism ?
Adam Yuen (2 months ago)
I'm going to work for Tesla someday. I just now came to that conclusion lol.
Dyfrig Shandy (3 months ago)
NO MORE BULLSHIT TAX
WhitewalkerII (3 months ago)
It is not cheaper and more environmentally friendly than a high quality tile, zinc or slate roof which can last more than a century or even a few centuries.
Unknown Blogger (3 months ago)
I want that, coupled with battery big enough to power a house for 72 hours.
StanleyDucan (3 months ago)
Make a smartphone!
Tarzan (3 months ago)
The cost is unrealistic at around $50,000 per roof. Grossly overpriced just like the Tesla cars.
Cheefus Smith (2 months ago)
According to the 2015 US Census over 85% of American households have a washing machine so I don't know how you define "vast numbers of people" but even if they don't own one, so what? I said even some of the poorest people in the US have one and that is absolutely true. More importantly, the vast majority of Americans have access to a washing machine. Laundromats exist in every city because of space, not access or poverty. If you're living in Manhattan and being asked to pay $2k/sqft you might elect to avoid a 30"x30" washing machine too. My point was when the technology first appeared, it cost a fortune. Only the richest of the rich could afford them. Eventually through supply and demand, consumer-friendly models became available - so from the turn of the century to the mid 1900s HALF of American households had a washing machine. And today - almost all homes either have one or have easy access to one. Same pattern with cell phones. Same pattern with computers. And if Tesla, or the technology they use, is to survive - it will be the same pattern with them. Regarding your second point, how am I "playing the strawman game"? You said these roofs are "grossly overpriced just like the tesla cars" and I am pointing out that new technology is often expensive. In order to grow as a company they will have to play a larger part of the market, which means prices will have to come down. We see that with their latest model. We see that in his speech here. Obviously very few people are going to pay $50k for a roof - but some will. The only over-priced item is the one that doesn't sell. They will make money off the rich first, but if they really want to explode they'll need to figure out a way how to make money off of the rest of us.
Tarzan (2 months ago)
Cheefus Smith You live in a bubble. Vast numbers of people in the US don't own a washing machine, that's why laundromats exist in every city. As for the solar roof, no one said that 100 years from now they won't be feasible. Stop playing the strawman game.
Cheefus Smith (2 months ago)
triple constraint - price, quality speed. you can have 2 of the 3. early adopters pay - that's always the way it is and the way it should be. there were people sitting around crying that the washing-machine cost too much, while scrubbing their clothes in a river. eventually the market opened up and now even some of the poorest people in the US have one. same goes for the cell phone. medicine. televisions. cars. literally everything. you want to be the first guy to have the fancy new technology? well, you're going to pay. or you can wait, and benefit from that guy's willingness to spend and drive up demand.
Mr. Shibeman (3 months ago)
I hope this becomes a normal thing
What if theres a fire in the house¿¿¿
Cheefus Smith (2 months ago)
then the house is on fire. what if there is a fire in a house with regular roof?
Daniel Price (3 months ago)
Elongated Muskrat: making the future, today
Charlie O'Connor III (3 months ago)
Where are the gutters and downspouts on these houses? Looks like prop houses to me.
G Smith (3 months ago)
Until hail or other extreme weather happens. Then replacing shingles becomes a tad bit expensive.
Joseph Jesse (3 months ago)
I love you Elon
Analytic31 (3 months ago)
Why has nobody tried to bundle wind and solar power together for individual housing? All renewable power sources are inferior to non-renewable sources in every aspect except pollution, but solar is probably the worst because of how unreliable it can be. Solar might generate more power, but Wind might be more reliable and cheaper. If someone were to actually use both for their home, then it wouldn't be necessary to blanket your entire freaking roof with solar cells.
Iridium (29 days ago)
The choice of site has a limitation of wind velocity. The site needs to be windy enough.The problem is that the wind does not blow all the time. When the wind is not blowing, wind turbines do not generate power. At times of peak electricity demand winds tend to be lighter than average Other problems are Aesthetics, birds and significant amount of bats being killed, noise produced by rotor blades , interference with television reception, etc When considering these problems, solar power is more reliable. This doesn't mean that they aren't being used, actually They are the fastest growing form of utility scale generation in the world, growing even in developed countries where electrical demand is flat as governments seek to decarbonize grids. Wind turbines provided over 30% of the total electrical demand in Denmark, over 20% in Spain, over 4% in the USA, and varying numbers between around the world. That's up from pretty much nothing 20 years ago. But I get where you're coming from.
Davis Winn (3 months ago)
I love it when people say that "This kind of future is not the right one, electric cars and stuff are not the answer" Well ive got some news for ya... You are totally right
Ryan M. (3 months ago)
Can this guy please be the next ruler of the world? He could be the one who saves the earth
Davis Winn (3 months ago)
If you want the world to become total chaos by all means
Bromoteknada (3 months ago)
I hope that this will be the tombstone for oil & gas companies one day. We have to support and promote the guy.
franz stockmann (3 months ago)
Didn't mention how expensive it would be for Joe Six pack! Its 2018 and I neither see many testicles on the road nor can I buy a solar roof? ! Nor do I want to follow this idiots vision!
Hue Lu (3 months ago)
Those look kinda old...
Alin Nicula (3 months ago)
And we are in 2018 and is not available
Fear Kratos (3 months ago)
*I fucking love science.*
Price245 (3 months ago)
Could the music be any louder?
DR. REAL SHIT (3 months ago)
What's the efficiency of the solar tiles, how does the heat affect the tiles?
A Hidayat (3 months ago)
Dude just finished the model 3 first, then you can go roofing
A few Goodmen (3 months ago)
The majority of people can’t afford solar panels or a Tesla. Make something affordable to help all, thus the environment.
Davis Winn (3 months ago)
Honestly, a cheaper (and actually, more eco-friendly) solution would be to get a tiny car that has great MPG.
Candi Soda (3 months ago)
Where are the important numbers? Like the amount of energy to produce the tiles vs the years it will last? Legit question This just felt like a commercial. Still nice though, but I like to hear both sides of the story.
S Tho (1 month ago)
James Siggss. Since you are installing these roof tiles this year James, and have bought the Red signature series Tesla Powerwalls and had them delivered, I assume, then get back to me in 2048 and tell me how that warranty worked out for YOU, assuming the company hasn't merged into a mega "evil" corp that doesn't honor Tesla service agreements, the service company in your city list their contract, or Tesla itself didn't make it to 2048. Musk will only be alive another 20 years or so, at least hell retire or be forced out. Yeah they didn't think that'd happen to Steve Jobs either in the 80s. The warranty on this is the easy part of a repair. Its the labor that will eat you alive vs just removing a bad 1-2kw traditional panel. Taking apart a roof and restitching singles is expensive and skilled work. The authorized service companies for just the Powerwall installation and service (much less year backlogged delivery) has been a nightmare for many an aquisive yuppie this year. Be careful people. Let others stub their toe and learn. After that the product will either mature or die.
James Siggss (1 month ago)
The tiles have a 30 year warranty for energy production and weatherization, and the warranty for the tiles themselves is infinite
S Tho (2 months ago)
Candi Soda. Most of Blomberg is puff piece PR advertising for high end status products or lobbying firms. Like build US passenger only national railways, ignore the astronomical cost per mile or the fact that they serve only major commercial cities and just rumble through middle countryside without stopping for the citizens there or the fact we are a federal republic of states, each with a vote and a say. This is an elegant product for the aesthetically obsessed 9% in the trendy gated neighborhoods that have rules against ugly solar panels. The problem with the Watt math for off grid is how much can the panels produce, then store in the wall (once the wall is full you can't store anymore the solar regulators turn off the generation. So if you take a Beverly Hills or Buckhead Atlanta hot sun home. Two working adults, two school aged kids, a maid and a Gardner, and three Tesla EVs. Do the math. The house has AC that runs all day, it is full of electricity vampires and the kids hit home at 3pm. A Nanny may be home all day. The house has been sucking the batteries all day. Junior wants to charge the 3rd car for the fifth time this week due to joyriding and his obsession with 100%. Mom gets home at 6. Plugs her car in because she immediately plugs in her phone, laptop and iPad, so what's the difference. Fires up the electric oven. Most solar houses use gas ovens and heat but this one won't. A Tesla house is all electric, cause Star Trek. Dad gets home from his trip and plugs his car in also. That's three EVs, the dinner oven, the lights, 20 gadgets, and the AC on a 95 degree night, WITH THE SUN DOWN. All on battery till 10am when they start to build a significant recharge. Wait for early adopters stories before jumping in.
Ken Soo (3 months ago)
so 63 grand is cheap. really
prankster gangster (3 months ago)
small house are batter than my grandfather mansion
John Zabik (3 months ago)
Wait till a hail storm comes by
Koushikchowdary chava (3 months ago)
That's great
DangosAreCute (3 months ago)
Well said by a friend of mine: "Musk is the only capitalist who deserves all the capital and wealth he has".
DangosAreCute (3 months ago)
Davis Winn that's true, but his ideas are still brilliant, and his efforts to scale and cheapen tech are honourable Collution w government just comes with the game now, unfortunatelly. Not justifying it, just saying
Davis Winn (3 months ago)
no he doesn't. He gets millions from the U.S. government and that's the only reason his companies haven't folded.
Isn't it from Solar City? One of Elon's other companies
Justin D'Affronte (3 months ago)
I've got SolarCity panels connected to PowerWall charging my EV and supplying all energy to the house, 100% renewable home and vehicle with annual refunds from Edison thank You Elon and Tesla Team!
Taner Burgaz (4 months ago)
Elon is so thicc😩😩😩
Ben McCaughey (4 months ago)
How can something yet to exist be "cheaper" (ENG Prof taught better word for business: "more economical") than expected? I had Solar City come out and they said these shingles don't exist, tried to sell me ugly panels to put on my beautiful house for a mere few bucks less a month than I currently pay for electric - added up the "20 YEAR! lease agreement" and it came to 60k for about 8k worth of materials that can be installed in a couple days- NO THANKS!
Alex Shuysky (4 months ago)
Well, I mean if Tesla put high price on it people wouldn't use it. We need long term solution and it's hard to do with manufacturer want profits only. It's great that Ellon Musk care more about the environment than just the Profit.
007 BaTMaN (4 months ago)
Couple issus like how do they compensate for heat and will it blind birds or planes like normal solar power panels. Why not put solar power panel strips on roads for potentially unlimited energy of course there is obvious issues that would need to be fixed but very high potential.
Haskalah (4 months ago)
Not cheaper than expected
Dylan (4 months ago)
Fuck Alaska amrite
orion khan (4 months ago)
I’m so excited that the new house I’m building will have a Tesla SolarRoof !! (Also two PowerWalls and a bunch of other whizbang renewable tech... 11 days without power after *Hurricane Irma* in the sweltering SW Florida summer is something I *_never_* want to experience again !!!)
oooohyea2121 (4 months ago)
TESLA! I love what he's doing. Financially, I can't afford it yet.
Mark Basaj (4 months ago)
we have a bunch of solar panels on our roofs that can constantly power 20 homes. And our village has the most solar panels pre person in europe and thats why we'll be getting a 30 ton battery for the whole village! :D
Joseph M (4 months ago)
Tesla products is only for rich people
Iridium (29 days ago)
So were cars, flights, ect...
Louie Holgado (4 months ago)
Does it absorb power even when it' s raining?
Moons Parade (4 months ago)
Americans call tiles “shingles?”
PrisonEarth (4 months ago)
this is great, I cant wait to see all the crooked utility companies go out of business. They spent Millions in Florida to try and make solar panels illegal.
Scan End (4 months ago)
It's interesting, although the environmental argument is moot because of the sheer volume of rare earth minerals the current battery and solar tech require in order to work, and they're short lived, a solar panel loses efficiency to the point that in 30 years time they're basically spent and batteries as anyone who owns a phone or laptop knows has a few years at best and those minerals are spent and unreusable. and these rare earth minerals will run out even at present growth of solar and battery industry usage before oil does.
Robert Smith (4 months ago)
Finally someone thought of this, the roof itself is the solar panel(s) Smart !!
joel martinez (4 months ago)
Elon Musk should get a noble prize at some point in his life, for trying to save the Earth.
jaja smile (4 months ago)
How much population it cost to make solar panels systems . When you have to dig very big holes in the ground for the raw materials , transport , ship , manufacturer . * the real savings in green house gases . It's a scam
Rifqi Aji (5 months ago)
may I know where to buy it .I'm from Indonesia
AMEER H (5 months ago)
If somehow they can make it effortable same price as normal roof.
MachadoSwag (5 months ago)
The video literally just explained that....
Blane Fink (5 months ago)
Solar Roadways but useful and durable
Tony irediao (5 months ago)
Why keep it only in Tesla stores? To get these products out there fast and to make profits even faster why not have them available at Lowe's, Home Depot, other hardware stores and even Amazon? Selling them only at his stores is a dumb idea.
Ruben (5 months ago)
It's not at Tesla stores. You have to contact an official distributor or installer they order them and install them for you. There is no way an average person or company that isn't trained with these could install these. It requires a lot of electrical work and it's a structural component.
Tony irediao (5 months ago)
This will make him worth $100 Billion plus if he's able to hold off knock offs. This in my view will be far far more profitable than any car.
Kosova Ethnic Albania (5 months ago)
From this moment I fell in love with Tesla!
mario figueroa (5 months ago)
Yeah awesome but you guys don't understand that there's a agenda to install a smart meter to spy on us!!!
letserb (5 months ago)
All this whole idea is doing is creating a unstable electrical grid. Uncontrolled feed is unpredictable and results in increased brown outs. Ask people who live close to wind farms about the stability of their power after the turbines have been put online. Green energy, great idea, reality proves it does not work.
salvador r (5 months ago)
I wish elon musk and Steve Jobs were my dads
mkmm60 (5 months ago)
Musk is such a visionary genius! But wait, solar pannels on the roof, a battery inside the house and an electric car, all of them exist for years and can be bought all over China, Europe, Japan and now ... the US. Great. The US follows the world, or better said their messias.
alex snor (5 months ago)
I need that mini Tesla
Alya Athirah (5 months ago)
This is great. I dont want those ugly solar panels on my roof.
August Lin (5 months ago)
I'm still waiting

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