New battery might be revealed on the 30th April 02 2015, 0 Comments

Tesla, the most exciting company producing electric vehicles - owned by Elon Musk will make an announcement soon. Musk tweeted that a new product line was coming from their facility in Hawthorne, California. Some analysts suggest that it will be home battery. This makes sense as the Gigafactory will start ramping up production, and SolarCity already uses Tesla batteries. The speculators think it will be some sort of home power source using lithium-ion batteries, something akin to a Nissan Leaf which enables owners to turn their car's battery into a power source. Or it may be much simpler, like a battery backup system for offices. What do you think it will be?


Regardless of what it might be, the mystery product has already made in impact on their stock's price, moving it up by 4 percent the day following the tweet.