Well, the innovation is really about storing electricity. We've been generating and transmitting electricity for over a century now.
Once we can store electricity (in batteries, for example), then intermittent power sources, like solar panels (and also wind turbines) become much more valuable.
Energy storage is a very inconsequential market right now, but if smart-grid-connected Teslas really take off, then they become important not only to the automotive industry, but also the electricity and energy industries.
Once we can store electricity (in batteries, for example), then intermittent power sources, like solar panels (and also wind turbines) become much more valuable.
Energy storage is a very inconsequential market right now, but if smart-grid-connected Teslas really take off, then they become important not only to the automotive industry, but also the electricity and energy industries.