Friday, February 13, 2015

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. To understand why, it helps to look not at Tesla, but at SolarCity, a company chaired by Musk and run by his...-> read more

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