Elon Musk insists that Tesla solar panels and roofs are “unequivocally a guaranteed instant money printer,” despite the recent fires they reportedly caused. | Source: (i) Reuters (ii) AP (iii) Shutterstock ; Edited by CCN
Elon Musk insists that Tesla solar panels and roofs are “unequivocally a guaranteed instant money printer” despite the recent fires they allegedly caused.
Musk tweeted that Tesla Solar can save you $300 to $1,000 a year off your utility bills.
For the remainder of September, Tesla is also waiving its $1,500 solar removal fee. Musk pointed out that customers can halt monthly payments at any time.
Without the removal fee, Tesla Solar is unequivocally a guaranteed, instant money printer, producing $300 to $1000 per year (in after tax income!)
— Elon Musk (@elonmusk) September 7, 2019
Musk: Tesla solar can save you up to $1,000 a year
Last month, Elon Musk bragged that TSLA solar panels were “like having a money printer on your roof.” Musk made the bold claims while relaunching Tesla’s solar business.
According to the company’s website, you can rent solar power panels or solar roofs for as little as $50 a month. That cost includes installation and ongoing maintenance. And you’re not locked into a long-term contract.
However, if you want the panels removed, it would cost $1,500. Now Musk is backpedaling, saying Tesla will waive the removal fee for the remainder of September.
Tesla Solar has struggled under Musk
After leading the field for years, Tesla Solar started lagging behind its competition.
For the first quarter of 2019, Tesla sank to third place for solar installations in the United States,