Tesla will introduce a new product line separate from cars on Thursday, April 30 at 9 PM PT according to founder and CEO Elon Musk. The executive tweeted the news from his account on Monday, but so far has shared no other details bout what might be in the works.
Musk has previously gone on record saying the company is gearing up to produce a new battery to power people’s homes instead of just their cars. During the company’s most recent earnings call in February, he revealed that the consumer battery pack for home use could enter production in as few as six months. This new category could well be this home battery, since the timing fits.
A Tesla home battery could be useful as a backup in case of outages, for homes located off-grid, or as a storage solution for customers using solar power collection installations in their homes.
Of course, Musk could be referring to something else entirely – we’ll know by the end of next month what exactly Tesla has up its sleeve.