Tesla’s Powerwall is poised to be one of the biggest product launches ever, and the home battery has already sold out through 2016. The company is currently constructing the “Gigafactory” in Nevada, which will produce batteries for their cars, alongside the Powerwall and Powerpack systems, and Elon Musk reckons that when it’s complete it’ll be among the largest structures in the world. But that doesn’t mean that criticism of their game-changing technologies fall on deaf ears—according to GreenTech Media, Musk recently told shareholders that the capability of the Powerwall is going to be lifted from 2kW to 5kW, but the price will remain the same.


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Musk told the annual shareholder’s meeting on June 9 that: “We actually took some of the negative feedback to heart. And I am very happy to announce that we’ve dramatically increased the power capability of the Powerwall. So it’s actually going to go from having 2 kilowatts steady, 3.3 kilowatts peak to a 7-kilowatt power, 5-kilowatt steady. Price is unchanged. So, [we] basically more than doubled the power output of the Powerpack, and the price is going to stay the same.”

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Musk noted he anticipates that sales of the Powerpack to utilities and large industrial clients will probably constitute about 80 percent of Tesla’s energy sales—as of mid-May, Powerpack reservations accounted for $625 million in interest from buyers, while Powerwall reservations accounted for $178.8 million.

And with the Powerwall ‘sold out’ for the coming year, Musk noted: “We’re going to prioritize delivery of the Powerwall to people who have an existing solar installation or are getting a solar installation, because the solar installation comes with an AC-to-DC inverter, which means you don’t need to buy an additional AC/DC inverter for the Powerwall, and because that cost is already there with your solar system.” By having the inverter already in place, the total cost to the user could be kept to below $4000—$3500 for the Powerwall and around $500 in labor for installation.

Via GreenTech Media