Elon Musk unveils new Tesla Energy division

Posted on 6 May 2015 by Michael Cruickshank

Billionaire industrialist Elon Musk last week unveiled plans for a new division of Tesla Motors.

Named Tesla Energy, the division will manufacture battery-based energy storage solutions rather than cars. “The obvious problem with solar power is that the sun doesn’t shine at night,” Tesla founder and CEO, Elon Musk, said in a press conference. “We need to store the energy to use at night.” This being said, he also added…

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