{"id":35582,"date":"2015-05-05T06:07:46","date_gmt":"2015-05-05T10:07:46","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=35582"},"modified":"2015-05-05T06:07:46","modified_gmt":"2015-05-05T10:07:46","slug":"tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582","title":{"rendered":"Tesla Motors Inc (NASDAQ:TSLA) Bets Big On Batteries Business In The Days Ahead"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Tesla Motors Inc (NASDAQ:TSLA)<\/strong> has introduced storage batteries for the electric grid and the homes.<\/p>\n<p style=\"text-align: justify;\">The company is betting big on its new launches aiming multi-billion dollar business in the days to come.<\/p>\n<p style=\"text-align: justify;\">Tesla is busy with hiring talent for the storage business. It is conveying the message \u201cTesla will be a multi-billion business in the near term\u201d during the recruitment process to the candidates.<\/p>\n<p style=\"text-align: justify;\"><strong>Huge Investments for the Storage Industry Worldwide<\/strong><\/p>\n<p style=\"text-align: justify;\">The market for storage business is growing at a fast pace. The energy storage industry is likely to attract worldwide investments worth $5.1 billion annually by the year 2020, an increase of 17 times from 2013.<\/p>\n<p style=\"text-align: justify;\">The market value for Tesla stock has increased to around $6 billion since its tweet on March 30 about the battery business.<\/p>\n<p style=\"text-align: justify;\">According to a report of the Deutsche Bank, the availability of cost-effective batteries will increase solar penetration. The bank is optimistic that the industry will start commissioning the storage batteries in the coming five years.<\/p>\n<p style=\"text-align: justify;\"><strong>Competitors of Tesla<\/strong><\/p>\n<p style=\"text-align: justify;\">Tesla is likely face competition in the storage energy business from nations like South Korea, Japan, China and others.<\/p>\n<p style=\"text-align: justify;\"><strong>Important facts about Tesla Powerwall:-<\/strong><\/p>\n<p style=\"text-align: justify;\">The company showcased its first impression about the stackable storage battery systems for the business, homes and the electric grid at the Powerwall event.<\/p>\n<p style=\"text-align: justify;\">The home version of the storage battery is called Powerwall. The users can stack the cost effective batteries sideways. The 10 KWh version of the battery is reasonably priced at $3,500. The price is exclusive of installation and inverter charges. This new battery pack will allow the home owners to run the home appliances in case of a power outage for a few days.<\/p>\n<p style=\"text-align: justify;\">It is a boon for the customers, who want to embrace solar power.<\/p>\n<p style=\"text-align: justify;\">According to Elon Musk, Tesla Motors Inc (NASDAQ:TSLA), the new battery pack will be just plug and play version. It can be installed in a garage or alternately on a wall.<\/p>\n<p style=\"text-align: justify;\">A utility has already approached the company for the establishment of 250 MWh. The company\u2019s non-utility customers are <strong>Amazon.com, Inc. (NASDAQ:AMZN),<\/strong> <strong>Wal-Mart Stores, Inc<\/strong>. <strong>(NYSE:WMT)<\/strong> and <strong>Target Corporation (NYSE:TGT).<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Motors Inc (NASDAQ:TSLA) has introduced storage batteries for the electric grid and the homes. The company is betting big on its new launches aiming [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":24511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2018,2236],"tags":[1750,7954,717,635,803,801,1915,2066,1914],"stock_ticker":[],"class_list":["post-35582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","category-business","tag-amazon-com-inc-nasdaqamzn","tag-elon-musk","tag-nasdaqamzn","tag-nasdaqtsla","tag-nysetgt","tag-nysewmt","tag-target-corporation-nysetgt","tag-tesla-motors-inc-nasdaqtsla","tag-wal-mart-stores-inc-nysewmt","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tesla Motors Inc (NASDAQ:TSLA) Bets Big On Batteries Business In The Days Ahead - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla Motors Inc (NASDAQ:TSLA) Bets Big On Batteries Business In The Days Ahead - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Tesla Motors Inc (NASDAQ:TSLA) has introduced storage batteries for the electric grid and the homes. The company is betting big on its new launches aiming [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-05T10:07:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/Tesla-Motors-Inc.-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"303\" \/>\n\t<meta property=\"og:image:height\" content=\"166\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fiona Gibson\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Gibson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582\"},\"author\":{\"name\":\"Fiona Gibson\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/e5ef7ff4b449e42e0b2e812283dba24e\"},\"headline\":\"Tesla Motors Inc (NASDAQ:TSLA) Bets Big On Batteries Business In The Days Ahead\",\"datePublished\":\"2015-05-05T10:07:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582\"},\"wordCount\":366,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/Tesla-Motors-Inc.-2.jpg\",\"keywords\":[\"Amazon.com Inc (NASDAQ:AMZN)\",\"Elon Musk\",\"NASDAQ:AMZN\",\"NASDAQ:TSLA\",\"NYSE:TGT\",\"NYSE:WMT\",\"Target Corporation (NYSE:TGT)\",\"Tesla Motors Inc (NASDAQ:TSLA)\",\"Wal-Mart Stores Inc (NYSE:WMT)\"],\"articleSection\":[\"Automobile\",\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/tesla-motors-inc-nasdaqtsla-bets-big-on-batteries-business-in-the-days-ahead-35582\",\"name\":\"Tesla Motors Inc (NASDAQ:TSLA) Bets Big On Batteries Business In The Days Ahead - 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