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Tesla forays into clean energy with solar roofs

Unveiling an updated version of Tesla's?solar-powered battery, Musk said the process of installing solar roofs will begin 'sometime next year'. Photograph: (Getty)

Los Angeles, United States Oct 29, 2016, 07.01 AM (IST)

After electric luxury cars, carmaker Tesla has now forayed into alternative energy business—by introducing solar roofs for environment-friendly homes, international news agency Reuters reported. 

 

Company founder Elon Musk emphasised on the need for solar panels to undergo a similar transformation as Tesla's electric cars. He was speaking at a news conference at Universal Studios in Los Angeles. 

 

"Global warming is a serious crisis and we need to do something about that," he was quoted as saying. 

 

"The goal is to have solar roofs that look better than a normal roof, generate electricity, last longer, have better insulation, and actually have a total cost that his less than the price of a normal roof plus electricity," Musk said.

 

Unveiling an updated version of Tesla's solar-powered battery, Musk said the process of installing solar roofs will begin "sometime next year". 

 

Tesla has joined hands with solar panel maker SolarCity and aims to capture five per cent of the market, Musk said at the conference. 

 

(WION with inputs from Reuters)

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