The Traderszone Network

Published in TZ Latest News 30 April, 2015 by The TZ Newswire Staff

Tesla moves into batteries that store energy for homes, businesses

Tesla Motors Inc on Thursday unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. Chief Executive Elon Musk said the company’s goal was to “fundamentally change the way the world uses energy on an extreme scale.” He introduced the products to a crowd of business partners and journalists at a Tesla facility near Los Angeles.

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