Tesla has been teasing a new product line in bits and pieces over the past few months and all of the rumors suggest that it’s going to be some kind of home battery system. Now rumors are giving way to leaks and we now have access to a wealth of information on the new product that Tesla probably didn’t want us to get our hands on so soon.
Tesla CEO Elon Musk earlier this week teased a new product line set to debut on April 30. All signs suggest that product will be the home battery system the entrepreneur spoke about during an earnings call earlier this year. For those needing a bit more convincing, a recent note from Global Equities Research analyst Trip Chowdhry should do the trick. In it, he claims to know two people that are currently testing Tesla’s residential battery system. One of the two testers was willing to provide a wealth of information on the system (behind the shadow of anonymity, of course). Here’s everything we know from the person that spilled the beans. There are around 230 homes in California currently testing Tesla’s stationary battery as well as another 100 or so outside of the Golden State. The source said he had been using the system for about a year and a half now and that it is installed in his garage.
