Tesla Stock Forecast: Selling Solar Shingles Roof Is A Long-Term Tailwind For Tesla
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First. Tesla’s upcoming $5 billion Gigafactory for lithium-ion batteries justifies Elon’s decision to merge with SolarCity. Elon is now using SolarCity’s photovoltaic cell expertise to build roofs that are made of solar shingles. Tesla is not a car company anymore. It is a clean energy firm with the potential to dominate the market for solar-powered houses in America and Europe. Tesla will make money from installing solar shingles roof and the Powerwall batteries to store them. This venture...
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