Tesla
Shareholders voted in favor of Tesla buying SolarCity in a deal worth about $2 billion on Thursday, placing greater importance on Tesla's at-home battery.
Tesla unveiled its newly improved at-home battery, Powerwall 2.0, during its big solar-roof unveiling at the end of October.
The battery comes with incremental improvements from a technical and design standpoint. The rechargeable battery is meant to complement Tesla's new solar roof product that will be sold under the new Tesla-SolarCity umbrella.
Here's everything we know about Tesla's Powerwall:
In 2015, Tesla unveiled the Powerwall — a rechargeable lithium ion battery weighing roughly 200 pounds that you can mount on your wall. Panasonic makes the cells for the Powerwall, while Tesla builds the battery module and pack.
Reuters/Patrick Fallon
When it was released, there were two versions of the Powerwall: a 6.4 kilowatt-hour model that cost $3,000 and a 10 kWh option priced at $3,500. To help put that into perspective, the average person in the US uses about 30 kWh of power a day.
Getty/Kevork Djansezian
The Powerwall can store electricity generated by solar panels and draw electricity from the utility grid when rates are low to store for later use. It also provides homeowners with backup power in the event of an outage. All Powerwall installations must done by a trained electrician.
AP/Ed Andrieski
See the rest of the story at Business Insider
