Elon Musk: Tesla adds solar roofs to his clean energy vision : On Friday, Elon Musk who is the Chief Executive of Tesla Motors Inc, unveiled new energy products aimed at illustrating the benefits of combining his electric car and battery maker with solar installer SolarCity Corp.
The billionaire entrepreneur showed of solar-powered roof tiles that eliminate the need for traditional panels and a longer-lasting home battery – Powerwall. It is aimed at realizing his vision of selling a fossil fuel free lifestyle to consumers.
While showcasing the products on homes that once served as the set of the television show Desperate Housewives, Musk said that this is sort of the integrated future. An electric car, a Powerwall and a solar roof. The key is it needs to be beautiful, affordable and seamlessly integrated.
Elon Musk is the biggest shareholder in both SolarCity and Tesla. Solar City is run by two of his first cousins. Musk told reporters that the roll out of the product would be unwieldy if the two companies are not combined.
Musk said that the glass solar roof tiles of Tesla would look far better than any similar product. They can be manufactured in a range of styles, which were demonstrated on the rooftops on the set.
Peter Rive who is the co-founder of SolarCity and cousin of Musk, said that the solar roofs could easily have a five per cent share of the new roof market within a year or two. The new generation of industrial batteries and home will be available this year.