Can California’s Blackouts Boost Tesla’s V3 Solar Roof?

| October 31, 2019

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In another step to revive its energy business, Tesla (TSLA) CEO Elon Musk launched the third version of the company’s Solar Roof tiles last week. So far, Tesla’s Energy segment hasn’t contributed significantly, particularly after its SolarCity acquisition in 2016. California blackouts could support Tesla’s Solar Roof Version 3 of the new Solar Roof tiles include an integrated solar energy generation system. Musk sees huge growth potential in the product and aims to install more than 1,000 roofs per week—an ambitious goal. However, California’s raging wildfires and preventive blackouts might act as a catalyst for Tesla’s newly launched Solar Roof product. On Monday, Musk tweeted, “If you’re directly affected by wildfire power outages, Tesla is reducing Solar+Powerwall prices by $1000 as of today.”

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RVR Energy Technology Limited

RVR is a leading supplier of equipment Heating and Ventilation products to heating installers. Primary market is Ireland with export to the UK, France, Italy and elsewhere. Products include gas fired boilers, water heaters, solar heating, wood pellet and biomass boilers, heat pumps and related items.

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