News
What to expect from Tesla’s solar roof event on October 28
Tesla Motors, Inc. has sent invitations to a product reveal on Friday, October 28, 2016 at Universal Studios in Los Angeles. The product announcement is a formality, as Tesla CEO Elon Musk tweeted on September 22: “Aiming for Oct 28 unveil in SF Bay Area of new Tesla/SolarCity solar roof with integrated Powerwall 2.0 battery and Tesla charger.”
Tesla is in the process of buying SolarCity in a deal worth $2.6 billion. The proposed Tesla/ SolarCity merger vote goes to the shareholders on Nov. 17. Friday’s upcoming announcement offers Tesla an opportune platform as it attempts to persuade shareholders that the merger has sound financial merit. Should the two companies join into one consolidated brand, the Tesla label would prevail, according to Motley Fool, with roof systems marketed alongside vehicles and energy storage products.
How can Musk’s vision for photovoltaic units integrated into the roof itself change the industry?
Traditional rooftop solar panels are attached to roofs using metal mounting systems. But Musk’s plans for an actual roof that’s integrated with a series of solar panels is a step into a new dimension of decentralized renewable energy systems. That means that re-roofing, which is generally required about every 20 years, could migrate into a common pattern of homeowners switching to the solar roof option. While likely more expensive than a conventional roof-mounted panel, the Tesla solar roof will offer homeowners the incentives of savings in power production, endurance of the product, and overt symbolism of a sustainable lifestyle. The latter may have a profound effect on the highly-desired millennial market.
Musk has emphasized that the new solar roof product is “a fundamental part of achieving a differentiated product strategy.” The solar roof concept incorporates Tesla’s Powerwall, with 6.4 kWh storage capacity, sufficient to power most homes during the evening using electricity generated by solar panels during the day. The Powerwall can also act as a backup electrical system in the event of a power outage. Multiple batteries may be installed together for homes with greater energy needs. The upcoming Powerwall 2.0 will simplify the process of installation and feature a charger for Tesla automobiles.
A typical Powerwall system includes solar panels, an inverter for converting electricity between direct current and alternating current, a meter for measuring battery charge, and, in backup applications, a secondary circuit that powers key appliances. Each element interacts with the other.
- Panels convert sunlight into electricity that charges Powerwall and powers the home during the day.
- The home battery is charged with electricity generated by solar panels.
- The inverter converts direct current electricity from solar panels, the grid, and Powerwall into the alternating current used by a home’s lights, appliances, and devices.
A Tesla/ SolarCity partnership also has the gravitas to succeed where others have failed. Research and development around building integrated solar has been underway by various companies for years, including some systems that moved into the development stage. However, cost factors as well as inefficient electricity generation have tabled many of these efforts. Recently, Dow Chemical ceased production of its solar shingles, citing a lack of sales, according to Fortune.
Among many partnerships, Tesla is now providing batteries for Swell Energy as part of its all-in-one home management energy system. It also recently announced its pledge with Panasonic to produce solar cells at a manufacturing facility in Buffalo, New York should the Tesla/ SolarCity merger reach stockholder approval.
Already, the Tesla Powerwall unit is in demand in areas where grid reliability is an issue. Recent power outages in Australia saw demand for the Powerall increase by 30x. This newest announcement comes on the heels of an October 19 frenzy of speculation about another Tesla mystery product, which turned out to be Tesla’s autonomous driving hardware.
Tune in on October 28 to see the live product unveiling via webcast on Tesla’s website or Follow Us on @Twitter to see behind the scenes action from the event.
News
Tesla launches its coolest gift idea ever just a few weeks after it was announced
“Gift one month of Full Self-Driving (Supervised), which allows the vehicle to drive itself almost anywhere with minimal intervention.”
Tesla has launched its coolest gift idea ever, just a few weeks after it was announced.
Tesla is now giving owners the opportunity to gift Full Self-Driving for one month to friends or family through a new gifting program that was suggested to the company last month.
The program will enable people to send a fellow Tesla owner one month of the company’s semi-autonomous driving software, helping them to experience the Full Self-Driving suite and potentially help Tesla gain them as a subscriber of the program, or even an outright purchase.
Tesla is going to allow owners to purchase an FSD Subscription for another owner for different month options
You’ll be able to gift FSD to someone! https://t.co/V29dhf5URj
— TESLARATI (@Teslarati) November 3, 2025
Tesla has officially launched the program on its Shop. Sending one month of Full Self-Driving costs $112:
“Gift one month of Full Self-Driving (Supervised), which allows the vehicle to drive itself almost anywhere with minimal intervention. All sales are final. Can only be purchased and redeemed in the U.S. This gift card is valued at $112.00 and is intended to cover the price of one month of FSD (Supervised), including up to 13% sales tax. It is not guaranteed to cover the full monthly price if pricing or tax rates change. This gift card can be stored in Tesla Wallet and redeemed toward FSD (Supervised) or any other Tesla product or service that accepts gift card payments.”
Tesla has done a great job of expanding Full Self-Driving access over the past few years, especially by offering things like the Subscription program, free trials through referrals, and now this gift card program.
Gifting Full Self-Driving is another iteration of Tesla’s “butts in seats” strategy, which is its belief that it can flip consumers to its vehicles and products by simply letting people experience them.
There is also a reason behind pushing Full Self-Driving so hard, and it has to do with CEO Elon Musk’s compensation package. One tranche requires Musk to achieve a certain number of active paid Full Self-Driving subscriptions.
More people who try the suite are likely to pay for it over the long term.
News
Tesla expands Robotaxi app access once again, this time on a global scale
Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.
Tesla has expanded Robotaxi app access once again, but this time, it’s on a much broader scale as the company is offering the opportunity for those outside of North America to download the app.
Tesla Robotaxi is the company’s early-stage ride-hailing platform that is active in Texas, California, and Arizona, with more expansion within the United States planned for the near future.
Tesla said recently it plans to launch Robotaxi in Miami, Houston, Las Vegas, Phoenix, and Dallas.
The platform has massive potential, and Tesla is leaning on it to be a major contributor to even more disruption in the passenger transportation industry. So far, it has driven over 550,000 miles in total, with the vast majority of this coming from the Bay Area and Austin.
First Look at Tesla’s Robotaxi App: features, design, and more
However, Tesla is focusing primarily on rapid expansion, but most of this is reliant on the company’s ability to gain regulatory permission to operate the platform in various regions. The expansion plans go well outside of the U.S., as the company expanded the ability to download the app to more regions this past weekend.
So far, these are the areas it is available to download in:
- Japan
- Thailand
- Hong Kong
- South Korea
- Australia
- Taiwan
- Macau
- New Zealand
- Mexico
- U.S.
- Canada
Right now, while Tesla is focusing primarily on expansion, it is also working on other goals that have to do with making it more widely available to customers who want to grab a ride from a driverless vehicle.
One of the biggest goals it has is to eliminate safety monitors from its vehicles, which it currently utilizes in Austin in the passenger’s seat and in the driver’s seat in the Bay Area.
A few weeks ago, Tesla started implementing a new in-cabin data-sharing system, which will help support teams assist riders without anyone in the front of the car.
Tesla takes a step towards removal of Robotaxi service’s safety drivers
As Robotaxi expands into more regions, Tesla stands to gain tremendously through the deployment of the Full Self-Driving suite for personal cars, as well as driverless Robotaxis for those who are just hailing rides.
Things have gone well for Tesla in the early stages of the Robotaxi program, but expansion will truly be the test of how things operate going forward. Navigating local traffic laws and gaining approval from a regulatory standpoint will be the biggest hurdle to jump.
Investor's Corner
Tesla gets price target boost, but it’s not all sunshine and rainbows
Tesla received a price target boost from Morgan Stanley, according to a new note on Monday morning, but there is some considerable caution also being communicated over the next year or so.
Morgan Stanley analyst Andrew Percoco took over Tesla coverage for the firm from longtime bull Adam Jonas, who appears to be focusing on embodied AI stocks and no longer automotive.
Percoco took over and immediately adjusted the price target for Tesla from $410 to $425, and changed its rating on shares from ‘Overweight’ to ‘Equal Weight.’
Percoco said he believes Tesla is the leading company in terms of electric vehicles, manufacturing, renewable energy, and real-world AI, so it deserves a premium valuation. However, he admits the high expectations for the company could provide for a “choppy trading environment” for the next year.
He wrote:
“However, high expectations on the latter have brought the stock closer to fair valuation. While it is well understood that Tesla is more than an auto manufacturer, we expect a choppy trading environment for the TSLA shares over the next 12 months, as we see downside to estimates, while the catalysts for its non-auto businesses appear priced at current levels.”
Percoco also added that if market cap hurdles are achieved, Morgan Stanley would reduce its price target by 7 percent.
Perhaps the biggest change with Percoco taking over the analysis for Jonas is how he will determine the value of each individual project. For example, he believes Optimus is worth about $60 per share of equity value.
He went on to describe the potential value of Full Self-Driving, highlighting its importance to the Tesla valuation:
“Full Self Driving (FSD) is the crown jewel of Tesla’s auto business; we believe that its leading-edge personal autonomous driving offering is a real game changer, and will remain a significant competitive advantage over its EV and non-EV peers. As Tesla continues to improve its platform with increased levels of autonomy (i.e., hands-off, eyes-off), it will revolutionize the personal driving experience. It remains to be seen if others will be able to keep pace.”
Additionally, Percoco outlined both bear and bull cases for the stock. He believes $860 per share, “which could be in play in the next 12 months if Tesla manages through the EV-downturn,” while also scaling Robotaxi, executing on unsupervised FSD, and scaling Optimus, is in play for the bull case.
Will Tesla thrive without the EV tax credit? Five reasons why they might
Meanwhile, the bear case is placed at $145 per share, and “assumes greater competition and margin pressure across all business lines, embedding zero value for humanoids, slowing the growth curve for Tesla’s robotaxi fleet to reflect regulatory challenges in scaling a vision-only perception stack, and lowering market share and margin profile for the autos and energy businesses.”
Currently, Tesla shares are trading at around $441.
