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Tesla, Inc.: Demand Is "Strong" for Solar Tiles


Tesla, Inc.: Demand Is "Strong" for Solar Tiles

Tesla's (NASDAQ: TSLA) cell production for its solar roof tiles, which were announced in May, is finally underway at the company's Buffalo, New York, factory, according to a new report from the Associated Press. Tesla was previously only building "pilot Solar Roof products" on a small scale at a factory in Fremont, California.

Tesla's solar roof is a result of its $2 billion acquisition of SolarCity last year. The electric-car maker believes that by offering electric vehicles, solar products, and energy storage, it gives its customers a way to enjoy a complete and integrated sustainable energy solution.

Tesla Textured solar glass tiles. Image source: Tesla.

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Source: Fool.com

Tesla Inc Stock

€214.15
3.700%
A very strong showing by Tesla Inc today, with an increase of €7.65 (3.700%) compared to yesterday's price.
Our community is currently high on Tesla Inc with 74 Buy predictions and 28 Sell predictions.
With a target price of 247 € there is a slightly positive potential of 15.34% for Tesla Inc compared to the current price of 214.15 €.
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