Tesla is behind on Elon Musk's solar-roof goal, report says

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Tesla has installed around 3,000 solar roofs since 2016, putting it well behind Elon Musk's goal, report says

brought by shareholders, with a judge ruling that he had not breached his fiduciary duty to Tesla shareholders by purchasing SolarCity.

The recent report from Wood Mackenzie found Tesla's average weekly installations hit 21 systems — which would put Solar Roof's share of the roofing market at 0.03%.Tesla did not respond to a request for comment ahead of publication. Tesla Solar Roof hit its highest number of installations per week in the first quarter of 2022, notching up to 32 systems installed per week, the report said., including troubles"assessing the difficulty of certain roofs," and that the"complexity of roofs varies dramatically."in a release that Tesla's failure to gain more of the roofing market leaves room for competitors to take the"lead in building-integrated solar roofing products.

Issokson highlighted GAF Energy's Timberline Solar roofing system as a leading competitor to Tesla, writing that the product is both"faster and easier to install," and more poised to achieve widespread adoption in the solar-roof market. "The future potential of Tesla's Solar Roof will rely on the company's ability to simplify and streamline installations and tap into a broader customer base," Issokson said.Subscribe to push notifications

 

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