Elong Musk has teased an all-new product from Tesla, stating that it will be unveiled at the Hawthorne Design Studio on April 30.
Surprisingly, the upcoming product will not be a car, and the announcement set off Tesla stocks which were up by 2 percent.
Major new Tesla product line — not a car — will be unveiled at our Hawthorne Design Studio on Thurs 8pm, April 30
— Elon Musk (@elonmusk) March 30, 2015
Industry watchers expect Tesla to unveil a home battery, a consumer battery for home use, which in February Musk said would be shown off “fairly soon”.
Further, a CNBC report adds that Tesla has been testing residential stationary batteries in about 200-250 households in California for the past two years.
What do you think Tesla’s all-new product will be? Let us know in the comments.