Elon Musk says Tesla made ‘significant mistakes’ with solar roof project

Elon Musk says Tesla made ‘significant mistakes’ with solar roof project


Image: Tesla

Tesla CEO Elon Musk said Monday that his company made “significant mistakes” in its solar roof tile project that have led to further cost overruns and delays. The product was originally revealed back in 2016.

Tesla is currently still trying to meet significant demand for the solar roof, but has yet to widely roll out the product, Musk said in a conference call with investors following the release of Tesla’s financial results for the first quarter of 2021. Tesla reported $494 million in sales of its energy generation and storage products in the first quarter, but the overall division is still not profitable. Musk’s comments come as irate customers have told outlets like The Verge and Electrek that Tesla is increasing the price of the…

Continue reading…

Source:

This post was originally created on this site & curated for Mamizi members