Tesla Powerwall 2 Installations Finally Start to Accelerate
September 27th, 2017Disclosure: I sell solar power systems in New Zealand.
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As someone in the industry, it was immediately clear to me, from the moment the Powerwall 2 was announced, that it had no competition:
As far as I can tell, this authoritatively blows away all other residential energy storage options…
This is a bit disturbing because this upsets the entire storage industry. There is no competition to this. For companies with existing energy storage offerings, there are two options:1) Drastically drop prices
2) Die
And now we can see the carnage among Tesla’s “competitors.”
This is the storage industry equivalent of the Highway of Death.
It’s not like it was hard to tell that this was going to happen, if one was familiar with existing offerings. I’m worried that Tesla’s solution is so far ahead that we could see a situation where Tesla becomes like the Microsoft or Google of the energy storage sector.
Is it already too late for the dozens of established companies and startups that are trying to figure out how to compete with Tesla? All they really have are vaporware press releases about what they’re going to release in couple of years.
Where will Tesla be by then?
Via: Electrek:
After Tesla unveiled and started taking orders for Powerwall 2 almost a year ago, the deployment of the company’s new home battery pack has been fairly slow.
Now it looks like it’s finally starting to accelerate as the company dominates the market in California and starts to expand.
