Tesla’s battery business is booming amid Model 3 struggles – SFChronicle.com

Tesla’s battery business is booming amid Model 3 struggles – SFChronicle.com

Deployment of Tesla’s stationary batteries — designed to supply electricity to homes, businesses or the power grid — surged 450 percent during the first half of 2018, according to the company.
Tesla has now installed enough batteries worldwide — from Australia to Vermont — to store 1 gigawatt hour of electricity, roughly the output of one commercial nuclear reactor running for one hour. The company expects to double that amount in the next nine to 12 months.

In June, it landed a contract with Pacific Gas and Electric Co. to install enough of its industrial-size Powerpack batteries in Moss Landing (Monterey County) to store 730 megawatt hours of electricity. And in May, Tesla announced a deal with Green Mountain Energy in Vermont to use both Powerpack installations and up to 2,000 home-based Powerwalls to create a kind of virtual power plant, connecting the batteries and using them to supply electricity to the grid when needed.

via Tesla’s battery business is booming amid Model 3 struggles – SFChronicle.com

In EVERY ONE of it’s business ventures, Musks’ companies have DEMAND EXCEEDING SUPPLY, which is the wet dream of every capitalist.

Tesla cars

Tesla battery storage

Tesla solar roofs

Watch as Musk catches up to demand and then sprints ahead to take over and dominate the global car, battery storage and solar roof industry.

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