Tesla moves into batteries that store energy for homes, businesses


  • TECH
  • Tuesday, 05 May 2015

FOSSIL FUEL KILLER?: The new Tesla Energy Powerwall Home Battery can be used for backup power or to store solar energy, which could potentially become part of a fossil-fuel-free lifestyle.

LOS ANGELES: Tesla Motors Inc unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. 

Chief executive Elon Musk said the company's goal was to "fundamentally change the way the world uses energy on an extreme scale." He introduced the products to a crowd of business partners and journalists at a Tesla facility near Los Angeles. 

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