
Tesla’s Energy Battery Back-Up System Finally Unveiled
Tesla Motors Inc. CEO Elon Musk unveiled a line of home and industrial battery packs at an event late Thursday afternoon. Musk said that Tesla is “trying to change the fundamental energy infrastructure of the world.” Although the system announced appears favorable compared to the numerous competitor’s battery solutions currently offered, Tesla’s high reliability stand-by power is much more expensive than generators and has a commercially unfavorable investment recapture period of eight to ten years.