"'We have decided to share a bit about what we will announce on the 30th,' Jeff Evanson, Tesla's VP of investor relations, wrote in a message confirmed by BuzzFeed News as authentic. 'We will introduce the Tesla home battery and a very large utility scale battery. We will explain the advantages of our solutions and why past battery options were not compelling.'"
"'Tesla has been able to install more than 100 projects, really without anyone noticing,' said Andrea James, an analyst with Dougherty & Co. She said Tesla’s energy storage business could be worth as much as $70 to Tesla’s stock, which yesterday gained 2 percent to $209.41."
"While companies like Coda Energy, Green Charge Networks and Stem have also applied for SGIP funds, Tesla accounts for almost half of all storage applications, Bloomberg New Energy Finance said in an April 2 report published for clients. BNEF also said Tesla accounts for about 70 percent of SGIP projects connected to California’s grid."