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Why Tesla's battery for your home should terrify utilities

Earlier this week, during a disappointing Tesla earnings call, Elon Musk mentioned in passing that he’d be producing a stationary battery for powering the home in the next few months. It sounded like a throwaway side project from someone who’s never seen a side project he doesn’t like. But it’s a very smart move, and one that’s more central to Musk’s ambitions than it might seem.

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Stringerbell2170d ago

The more options for consumers the better. Of course just like the car companies have fought Tesla on the beauty that is the Model S, the utility companies will pour millions as their lobbyists prepare their smear campaigns.

blacktiger2169d ago

And not just lobbyist garbage, but also government organization will collapse once technology can serve us for livelihood rather depending on outrages cost on utilities and transportation!

SilentNegotiator2169d ago (Edited 2169d ago )

Oh yeah, a brand as affordable as Tesla is really going to scare anyone. /s