Tesla Made Battery For in-home Use

Tesla Made Battery For in-home Use

The electric cars manufacturer Tesla announced their new plans. According to their statements, they made completely revolutionary battery for in-home use. This car manufacturer is widely known for its electric sports cars. A very expensive cars actually, some of them can reach the price of $1 million or even more. They started making cars in 2003 and since then their goal has been to make electric cars more popular, giving them longer distance and increasing their speed.

Elon Musk, CEO of Tesla, announced last year that they are planning to make a battery, similar to the one used by their cars, for in-home use. It will be placed on a wall and can be used for anything a person wants. It must have beautiful design and must have plug and play, so it would be desirable and easy to use. The production should start in six months, price and other information are unavailable. Even the real purpose of this battery is unknown. But, we assume that it will be used in emergencies or to save energy. Would this battery be capable of powering the whole house, is also unknown at this moment.

They are going to have a tough competition. Toyota announced their new car for the 2016, Toyota Mirai, a car that runs on fuel cell technology. According to them this car can power average Japanese home one week. Tesla revenue is $3.2 billion (it was $2 billion in 2013), but because many expenses they lost $294 million last year. This is the main reason why their cars become more expensive.


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