Monday, 27 April 2015

It looks like you'll lease Tesla's home battery instead of buying it

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We already knew, thanks to Elon Musk, that Tesla was working on big, energy-efficient batteries for businesses and households using the same technology from its electric cars

Now, more information about the concept is trickling out ahead of an official announcement scheduled for later this week.

The batteries, which could help power homes during blackouts and pull in energy from the sun to save on energy costs, will be leased to consumers instead of being available for purchase, according to a report in The Guardian on Monday. Read more...

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