Herein, we report the mechanical and structural degradation of CH3NH3PbI3-xClx perovskite films at room temperature as a function of time and thermal instability of perovskite solar cells during the heating and cooling processes. For mechanical degradation measurement, we used nanoindentation for CH3NH3PbI3-xClx perovskite films fabricated on FTO/PEDOT:PSS substrate. The hardness and elastic modulus of perovskite films were measured as a function of time. In addition, the mechanical degradation of perovskite thin films was correlated with X-ray diffraction, steady-state and time-resolved photoluminescence (PL). We also investigated the thermal instability of perovskite thin films and the irreversible performance of perovskite solar cells. Particularly, the irreversible performance of CH3NH3PbI3-xClx was analyzed by measuring the development of crystallinity, charge trapping/detrapping, trap depth, and PbI- phase while varying the temperature of perovskite films and solar cells between room temperature and 82 °C. Surprisingly, we found that the degradation of both perovskite films and solar cells occurred at ~70°C. Remarkably, even after the perovskite solar cell temperature cooled down to room temperature, the performance of solar cells continuously degraded. The underlying mechanism of irreversibly degraded performance of perovskite films and solar cells were explained in terms of the development of phase separation, increased trapping rates and deep trap depth of defect states of perovskite films.