Breaking News
Chips To Ships: Nvidia Plans New Shipbuilding Investment With Kawasaki
FCC Chair Carr Defends License Review As ABC Cries Censorship
The Fourth Turning Is Here: The Old Order Is Breaking Down
Saudi Arabia Planning Major Escalation In Yemen, Possible Ground Op: Reports
Top Tech News
Idaho's High Desert Becomes Hot Spot For Nuclear Power Revolution
The World's Largest Electric Aircraft Is About to Take Its First Flight
Tesla Cybercabs and Superchargers Will Act as Mini Cell Towers for SpaceX Starlink
Elon Vows AI-Made 'Odyssey' After Blasting Nolan's Take On Homer
Anthropic is launching its own drug discovery programs for rare diseases using Claude...
SpaceX AI Satellites Will Have 250 Kilowatts of Power
Chinese researchers have developed a sodium-metal battery that can fully charge in just 4 minutes...
SpaceX Starship Flight 13 in 3 Days - Thursday July 13
Chinese Scientists Develop Nuclear Battery Using Carbon-14
Teleoperated humanoid robots complete first-ever live surgery
Tesla Reduces Pricing Of Solar System Installations By 10-20%
Tesla Energy division decided to decrease prices of its conventional solar panels, produced at the Tesla Gigafactory 2 with Panasonic.
According to news, prices will be $3,000-$5,000 lower for average residential installations, which translate to about 10-15% of overall cost. In the case of bigger installations, it could be up to 20% less.
The reason behind making solar installations more affordable is"vertical integration". We assume that several factors contributed to the reductions:
in-house production of solar panels with Panasonic, instead of purchasing it from external suppliers
integration of solar products into Tesla's retail stores and the increased efficiencies over the past year
closing more expensive sales channels like door-to-door sales
sales of solar in combination with Powerwall (the prices of Powerwall increased)