Tesla’s Powerwall battery beats expectations, likely to outpace e-cars - battery wall
Musk told Wall Street analysts at a meeting on Thursday: "We can't meet this year's demand . " He reviewed Tesla's first time at the meeting.
Quarterly earnings.
"By the middle of next year, we have basically sold out --in a week!
We can't even respond to them.
We have to classify people who want to be dealers.
It's crazy.
It seems to have become super virus.
Read more: Tesla targets household energy
Mounted batteriestla's first quarter revenue grew by 51 percent to $0. 939 billion, while the company's net loss expanded to $0. 154 billion due to new investments and strong dollars.
The loss was estimated at $45 million, better than analysts expected.
A series of battery backup products for home and industrial use were launched in May 1. The lithium-
The ion battery module can accumulate power from the solar panel, in the non-
Peak time for energy use and then up to 3-for homes or facilities-5 hours.
The newly developed system belongs to the product line of Tesla Energy.
Homeowner will be able to get Powerwall battery at 7 and 10 degrees
The hourly module was $3,000 and $3,500 respectively.
Teslawill will also provide 100kilowatt-
The hourly module price for industrial applications is $25,000 per unit.
Read more: Tesla updates software to launch driverless cars in three months
Electric cars, such as Model S cars, are also in lithium-ion batteries.
The company has made a huge contribution in changing the car business, forcing other major auto makers to develop their own electronicsvehicles.
Tesla's Powerwall battery could trigger a similar trend in China --
Charge business.
Tesla hopes to show the prototype of the next model 3 sedan in March 2016.
It is about half the price of the model S and is expected to go public by the end of 2017.