Reuters
Los Angeles
Tesla Motors has unveiled Tesla Energy - a suite of batteries for homes, businesses and utilities - a highly-anticipated plan to expand its business beyond electric vehicles.
Tesla introduced its home battery, named Powerwall, a rechargeable lithium-ion battery to store energy at residential level for load shifting, backup power and self-consumption of solar power generation.
“Our goal is to fundamentally change the way the world uses energy on an extreme scale. The goal is complete transformation of the energy infrastructure of the world,” Chief Executive Elon Musk told media at Tesla’s design studio at Hawthorne, California.
Tesla Motors CEO Elon Musk unveiling large utility scale home batteries at the Tesla Design Studio in Hawthorne, California. Musk said they would he
