CIYIS Blog Posts
Tesla’s Home Battery Is Built For A Solar Boom | MIT Technology Review
June 13, 2016 | CIO Corner, Technology
Tesla launches a stationary battery aimed at companies with variable electricity rates and homes with solar panels.
Source: Tesla’s Home Battery Is Built for a Solar Boom | MIT Technology Review
As Tesla experiences moderate success in the car market and the recent development of Tesla’s huge investment in a gigafactory in Nevada to make lithium-ion batteries it needs the scale of production to drive some of its costs down. Tesla sold 20,000 cars last year which is alot better than the other electric car companies some of which went into bankruptcy. We will see if this niche market turns into an industry staple in the upcoming years.
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