Tesla Powerwall, the solar stationary battery that can store electricity, has been pre-booked until mid-2016 – result of an overwhelming response that has made the company beat Q1 estimates this year.
According to CEO Elon Musk, over 38,000 reservations were made as part of calls for pre-orders. This may take up to the middle of 2016. Around 2,500 businesses are interested in the solar batteries, and the average order is around 10 units each.
As per estimates of Musk, the demand for commercial electricity will be 5 to 10 more megawatt hours compared to residential needs. The battery does have a DC-to-DC unit built in but currently, it does not have an AC-to-DC inverter.
Last week, when the company announced its solar batteries, expectations were huge. The company immediately opened the channel for pre-orders, hence the great response.
The bad news for the company, though, is that SolarCity is not quite interested in Tesla’s Powerwall batteries, as reported by Business Insider. The interesting point here is that Musk is the chairperson of SolarCity, and the said company feels it is not quite right for its solar panel business.