» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 39 | NO. 13 | Friday, March 27, 2015

Tesla to unveil new product – likely a battery – next month

Print | Front Page | Email this story

DETROIT (AP) — Tesla Motors says it will reveal a new product next month, but it's not a car.

CEO Elon Musk tweeted Monday that "a major new Tesla product line" will be revealed April 30.

Tesla shares rose 3 percent to $190.60 after the tweet.

Musk said in February that the company would soon unveil a home battery that would be ready to go into production in about six months.

Tesla has already partnered with Solar City — a solar energy company chaired by Musk — on battery storage systems for businesses that charge up during peak sunlight hours and use the energy in the evening, when demand spikes and rates rise.

Solar City has also installed Tesla battery storage systems in about 300 California homes as part of a pilot program.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0