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US-based company Tesla is trying to boost its solar panel business with a new marketing approach - customers will be able to rent the technology rather than buy it, the Associated Press reported.
The company's CEO, Elon Musk, announced the new initiative in a series of posts on Twitter yesterday.
The company will allow residents of six states to rent solar energy systems for $ 50 per month for small systems, and for $ 65 per month in California.
Musk noted that users can opt out at any time, though the Tesla site states that $ 1,500 is being paid in order for the panels to be removed and for the previous state of the roof to be restored.
In addition to California, Tesla's customers will be able to rent rooftop solar energy facilities in Arizona, Connecticut, Massachusetts, New Jersey and New Mexico.
Tesla CEO Elon Musk announced plans to reduce his involvement in the Trump administration following a significant dip in the company’s profits and revenues
US President Donald Trump has warned that individuals caught sabotaging Tesla vehicles could face up to 20 years in prison
US President Donald Trump expressed his support for Elon Musk by announcing plans to purchase a new Tesla, showing his backing for the tech entrepreneur
Tesla's visionary CEO, Elon Musk, has once again captivated the online audience by sharing a video featuring the humanoid robot "Optimus" going for a walk
Tesla has secured the top spot in Norway's car sales for three consecutive years, triumphing despite tensions between the American electric vehicle company and influential unions in the Nordic region
Tech billionaire Elon Musk made a striking prediction during this week's artificial intelligence summit – he believes that artificial intelligence will eventually render paid labor unnecessary
Sofia continues to dominate Bulgaria's housing market, securing the top spot for the third consecutive year in the construction of large residential properties.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
Bulgarian MPs in a temporary road safety committee supported a proposal to deny annual car inspections (GTP) to drivers with unpaid traffic fines.
Prime Minister Zhelyazkov: “Fastest-Adopted Governance Program in History – Finalized in Just 38 Days”
Bulgaria has accelerated in embracing digital technology, with 84% of its population actively involved on the internet.
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
