The new type of battery is likely to be unveiled in the next “month or two,” Chief Technology Officer JB Straubel stated, adding that the idea is “really great” and “I’m really excited about it,” without further elaborating on the details of the design.
The idea was mentioned last year as well, when Musk said he had something planned that would be placed in people’s homes and not their cars.
“We are trying to figure out what would be a cool stationary [battery]pack,” Musk said. “Some will be like the Model S pack: something flat, 5 inches off the wall, wall-mounted, with a beautiful cover, an integrated bi-directional inverter, and plug and play.”
Following the news, firm’s shares dropped 4.6 percent on Thursday, with Tesla posting $0.13 loss per share versus the expected profit of $0.32 per share in the fourth quarter.
Earlier in December, Musk tried to attract Chinese auto buyers to boost sales by announcing a trade-in program that would give shoppers a discount on a $100,000 Tesla car if they brought in their old car.
Source: RT News
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