Tesla Stock Forecast: Selling Solar Shingles Roof Is A Long-Term Tailwind For Tesla
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
- Tesla’s upcoming $5 billion Gigafactory for lithium-ion batteries justifies Elon’s decision to merge with SolarCity.
- Elon is now using SolarCity’s photovoltaic cell expertise to build roofs that are made of solar shingles.
- Tesla is not a car company anymore. It is a clean energy firm with the potential to dominate the market for solar-powered houses in America and Europe.
- Tesla will make money from installing solar shingles roof and the Powerwall batteries to store them. This venture will also likely global.
- Tesla has very strong buy signals from I Know First’s algorithmic forecasts. It’s time to go long on this stock now.