The Traderszone Network

Published in TZ Latest News 12 May, 2015 by The TZ Newswire Staff

Can Tesla’s battery hit $1 billion faster than the iPhone?

The reservations reported in the first week are valued at roughly $800 million, according to numbers crunched by Bloomberg. If Tesla converts even a fraction of those reservations into actual sales, the battery roll-out could measure up as one of the biggest ever for a new product category.