38,000 Customers Have Already Reserved Tesla’s Powerwall Batteries
Around 38,000 customers have already reserved Powerwall batteries, CEO Elon Musk revealed during an earnings call.
The device which was announced only last week, requires users to simply sign up on the company’s website to hold a single unit for them. There are no down payments involved and hence, from that aspect, the 38,000 figure might not seem that impressive.
Nonetheless, it does speak volumes about the attraction it has gathered for people to go off the grid. While Musk called the consumer demand as being “staggering,” he also acknowledged that living off the grid with Powerwall would be less cost-effective in the US where electricity is fairly cheap.
In countries like Germany and Australia, where solar use is more widespread, Musk believes that Powerwall is going to get a lot more attention.
Tesla’s Powerwall battery comes in two models. The first, a 7 kWh version, costs $3,000 and is meant for daily cycles, while the second is a 10 kWh model costing $3,500 and which is meant as a backup solution for weekly cycling.
Musk expects future sales to be five to ten times more from business and utility companies. It’ll be interesting to see how these numbers tally once we reach closer to the launch day later this summer.
via Ars Technica