Tesla: A Battery Company That Happens To Make Cars

New information on Tesla’s Nevada gigafactory indicates that the company is making a major play for the stationary storage market (i.e. backup battery systems for homes and businesses and maybe stacked batteries for bulk energy storage.  According to CEO Elon Musk:

“Stationary storage is a vital element for going to sustainable power generation and we are currently assuming that somewhere around 30 percent or so of the Gigafactory output would be aimed at stationary storage, that’s a rough guess, says Musk. But, one way or another, stationary storage is going to be a really huge thing that needs to be done.”

30 percent is a pretty staggering figure for a company making such great headway on the vehicle side. Of course, we need both types of energy storage, for transportation and for decarbonizing the grid. Meanwhile, plans for the factory are coming along, with some production possibly beginning as soon as 2016.

I hope they hurry up — I’ll be in line to get their mass-market Model 3 as soon as it’s available.


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