Tesla has put in its 200,000th Powerwall, the corporate’s house battery storage product, the corporate mentioned in a tweet on Wednesday. Tesla’s CFO Zachary Kirkhorn informed buyers throughout a first-quarter earnings name in April that Tesla is continuous to work by a “multi-quarter backlog on Powerwall,” suggesting that the quantity of installations will proceed to soar in coming months.
During that earnings name, Tesla CEO Elon Musk mentioned the corporate will not promote its Solar Roof panel product with out a Powerwall. He mentioned widespread set up of photo voltaic panels plus house battery packs (Tesla constructed, after all) would flip each house right into a distributed energy plant.
“…Every solar Powerwall installation that the house or apartment or whatever the case may be, will be its own utility,” he mentioned. “And so even if all the lights go out in the neighborhood, you will still have power. So that gives people energy security. And we can also, in working with the utilities, use the Powerwalls to stabilize the overall grid.”
He famous the unprecedented winter storm in Texas in February, which, mixed with record-breaking demand for electrical energy, left tens of millions with out energy in freezing temperatures. He prompt that underneath that situation, utilities may work with prospects who’ve Powerwalls to launch saved electrical energy again on the grid to satisfy that demand.
“So if the grid needs more power, we can actually then with the consent, obviously, of the homeowner and the partnership with the utility, we can then actually release power on to the grid to take care of peak power demand,” he mentioned.
Tesla hit the 100,000 milestone for Powerwall installations in April 2020, 5 years after it debuted the first-generation Powerwall. That signifies that gross sales numbers that took the corporate 5 years to attain have been doubled in a single yr.