tesla expands into batteries for homes - lithium batteries for sale
Hawthorne, California-
Seeking to redefine yourself is not just a high
Tesla Motor announced plans to enter residential and commercial battery systems late Thursday.
While home batteries aren't as sexy as electric luxury cars, Tesla CEO Elon Musk depicts Powerwall home batteries and a commercial system called Powerpack to help the world get rid of its dependence on oil and gas
Musk told the crowd gathered at the Tesla design center in the suburbs of Los Angeles: "This is what human beings can do . ".
"We have done such a thing before.
This is not impossible.
Musk said the system could be a boon for those living outside the grid, similar to the move by other tech companies to connect some of the world's most remote areas with services that used to require wires.
Facebook is testing Solar
Drones bring the internet to some of the world's most remote locations.
Google's Loon project is trying to achieve the same goal with balloons traveling on the edge of space.
Musk said basic 10 KW
The hourly Powerwall home system will be sold for $3,500 and use most of the same technology found in Tesla electric vehicles, which is known to have the longest mileage per vehicle and any pure electric vehicle on the road
"In many ways, it gets derivative technology from cars," he told reporters before his speech . ".
Powerwall is expected to be purchased primarily by homeowners who want to store the energy of their solar system so they can run out of their own power after the sun goes down.
The company demonstrated the stylish design of home batteries, pointing out that they are 6 inch thick and can be installed on the wall.
He said he wanted to install a few in his own home.
The battery storage unit will be sold by a department called Tesla Energy.
He said he expects the power system to be profitable next year.
Powerwall will be available in the US later this year. S.
The second is foreign sales.
Production will be transferred to the Tesla "Gigabit factory" battery being built in the suburbs of Renault.
Home battery will be similar to manual battery
Lithium-ion batteries running Tesla cars.
"What Tesla is doing is
In the strategy of bringing clean
The National Air revolution.
With the development of California, the state is also developing, "said Roland Huang, director of the energy and transportation program of the Natural Resources Conservation Commission.
Musk is also SolarCity (SCTY)
Solar supplier, fixed battery units are now available.
SolarCity says 300 units have been sold this year.
Tesla has not been trying to keep its big battery plan private.
Tesla said in a job as a development operations engineer that it "has developed a business unit to address the growing demand for fixed battery systems, which has led to higher levels of renewable energy generation.
Brian Johnson, an analyst at Barclays, said Tesla disclosed last year that it plans to use nearly three parts of its upcoming battery plant for fixed batteries.
"We will see if this will happen," he said . ".
Ben Kallo, another analyst at Baird Equity Research, said in a report that developing a fixed storage business can only be good news.
"We believe that access to the storage area will allow (Tesla)
"In order to grow the company faster while diversifying the source of income," he wrote . ". Tesla (TSLA)
Trading per share was below $190 in early April, but closed at $226 on Thursday.
$05 per share, down $6. 40 or 2. 8%.
Shares rose sharply earlier this month due to news of home battery plans.
A California winery says it has installed 21 Tesla power supplies in its vast solar system.
Julien Gervreau, senior sustainability manager, Jackson family wine-
Known for brands like Kendall
Jackson and La Crema-
The system says it provides enough solar energy for 1,300 households and is expected to cut electricity bills by about 40%.
Tesla's battery can save about 10% of the cost, and the whole system should pay for itself in about five to six years.
"Tesla people really provide us with a turnkey system," Gerveau said . ".