Connect with us
img

Hot News in World

Cost, what states the panel is offered in

Cost, what states the panel is offered in

LATEST FINANCIAL NEWS

Cost, what states the panel is offered in

PALO ALTO, Calif. – Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them.

Tesla CEO Elon Musk announced the offering in a series of tweets Sunday.

The company will allow residents of six states to rent solar power systems starting at $50 a month – or $65 a month in California – for a small set-up.

Musk says consumers can cancel anytime, although Tesla’s website says there’s a $1,500 charge to remove panels and restore the roof to its previous condition.

Besides California, rentals will be offered in Arizona, Connecticut, Massachusetts, New Jersey and New Mexico.

Billions of records exposed: 2019 on track to be worst year ever for data breaches

Electric car maker Tesla bought residential solar installer SolarCity for $2.6 billion in 2016 but installations have plunged in recent quarters. Tesla stopped selling systems in Home Depot stores.

Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in LATEST FINANCIAL NEWS

To Top
error: Content is protected !!
Top