Solarcity Elon Musk Roof

Tesla ceo elon musk knew at the time of the 2016 acquisition of solarcity that the solar installer was facing a liquidity crunch according to newly unearthed emails between musk and ex solarcity. Elon musk has unveiled a redesign of tesla s solar roof tiles dubbed solar glass roof the new roof design will cost around 42 500 for a 2 000 square foot roof with 10kw of solar capacity. Tesla s ceo gave 0 110 tesla.

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Those shares are worth 8 4 billion today.

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Chief executive officer elon musk unveiled solar roof shingles as part of his push to buy solarcity the automaker says it finally has a version of the tiles. Elon musk announced tesla s work on the 3rd version of the solar roof in late 2018 and he spoke to progress on the product at a shareholder s meeting saying the company has approached finalizing the new version. Combine a hot electric car company with the nation s then largest provider of. When elon musk acquired solarcity in the fall of 2016 he paid for it using tesla stock worth 2 6 billion at the time.

I am very excited about version 3 of solar roof he added. When tesla bought solarcity in november 2016 elon musk billed the deal as a match made in green energy heaven. Almost three years after tesla inc.

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