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Tesla Motors Inc (NASDAQ:TSLA) Likely To Unveil New Battery For Home And Business Use On April 30

Finally, the time is running out for Tesla Motors Inc (NASDAQ:TSLA) to reveal the missing link at its California event on April 30.

According to the news being churned out in online media, Tesla is likely to introduce a new battery aiming business and home users at the California event.

The new battery that will be displayed at the digital studio of Tesla in Hawthorne is likely to be based on lithium ion technology. The company may use a similar concept of existing home batteries.

The new battery is likely to be used for storing solar energy and to support electric appliances in case of a power outage.

According to Verge, the company is building a new factory on a large scale next to Nevada for the manufacture of lithium-ion batteries for use in cars. The new batteries will also support solar power for home usage.

The company is likely to use SolarCity as a platform for the sales of new Tesla batteries.

The new battery, which is likely to be priced at $13,000, will keep you online even in the case of a disruption in power supply.

According to Elon Musk Chief Executive Officer Tesla Motors Inc (NASDAQ:TSLA) and Trip Chowdhry, an analyst, the new device being launched this week offers huge benefits for the people that wants to be online always.

Elon Musk is characterized for making waves whether it is in the commuting space with high-speed transport system or in the private space. This time, he is aiming big to power the homes with his electric car company Tesla.

According to the tweets of Elon Musk, last month, the new device could be in the form of a big utility or a big battery capable to power a home.

The homeowners can charge the batteries benefitting from the cheaper electricity charges at night and power the home during the day. It also serves as a medium for green energy.

Thanks to the efforts put in by Tesla, the new device will allow the home owners to power up lights, routers, refrigerators and even other units.

The new device will likely to be unveiled in two configurations 15 KWh and 10 KWh.

Published by Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email ([email protected]) or his Google+ page (

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