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Tesla will begin selling its solar roof this year - here's everything you need to know

Danielle MuoioFeb 24, 2017, 21:26 IST

Tesla

Tesla will begin selling and installing its solar roof later this year, the company wrote in its fourth-quarter investor letter.

Tesla unveiled its solar roof product in late October, about a month before the company acquired SolarCity in a deal worth $2.1 billion. Tesla CEO Elon Musk has said it looks "quite promising" that the solar roof could be cheaper than a normal roof, factoring in the price of labor.

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Here's everything we know about the new solar roof product: