http://www.dailymail.co.uk/sciencetech/article-2950761/Tesla-soon-power-HOME-Elon-Musk-announces-consumer-battery-just-months-away.html

Tesla boss Elon Musk is involved in a number of ventures - from electric cars to establishing a colony on Mars.
Now the eccentric entrepreneur wants to create battery-powered homes.
During an earning’s call, Mr Musk said the firm is going to unveil a Tesla ‘home battery’ - and it should start going into production by the summer.

It is likely to build on the power packs used in Tesla’s range of electric cars such as the Model S.
‘We are going to unveil the Tesla home battery, the consumer battery that would be for use in people’s houses or businesses fairly soon,’ Mr Musk told analysts.
‘We have the design done, and it should start going into production in about six months or so.’

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He didn’t reveal what a home battery would be used for, but it could act as a generator during a power cut, for example.
As The Verge pointed out, rival car manufacturer Toyota already uses a hydrogen fuel cell in its Mirai car that can be removed and used to power a home.
According to the Japanese car maker, the battery can supply electric power to an average home for a week.
Last year, Tesla Motors unveiled plans for a $5billion ‘Gigafactory’ designed to help the firm ramp up production of batteries for its electric cars, and now homes.
Tesla said the factory will cut current battery production costs by up to 30 per cent, and will be powered predominantly by renewable energy


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By VICTORIA WOOLLASTON FOR MAILONLINE
PUBLISHED: 13:43, 12 February 2015 | UPDATED: 13:50, 12 February 2015


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