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April 12, 2021 06:40 pm

Tesla is burning its solar roof customers with a huge price increase




Tesla Solar Roof
Image: Tesla



Tesla has dramatically increased the price for its solar roof, angering some customers who have responded by canceling their orders. The news was first reported over the weekend by Electrek.


The price jumps come as Tesla reports increasing revenue from its solar business. During the fourth quarter of 2020, the company installed 86 mega-watts (MW) of solar energy, a 59 percent increase year over year. For the entire year, Tesla installed 205 MW of solar energy, an 18 percent increase compared to 2019.


Tesla offers two solar products: solar panels, which are installed over a customer’s existing roof; and a solar roof, which replaces the current roof slats with ones capable of soaking up the sun’s rays and transforming it into energy.


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Original Link: https://www.theverge.com/2021/4/12/22380057/tesla-solar-roof-price-increase-contract-amount

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