B
Bret Cahill
Guest
http://www.bloomberg.com/news/2014-12-05/musk-battery-works-fill-utilities-with-fear-and-promise.html
Musk's so-called gigafactory may soon become an existential threat to the
100-year-old utility business model. The facility will also churn out
stationary battery packs that can be paired with rooftop solar panels to
store power. Already, a second company led by Musk, SolarCity Corp. (SCTY),
is packaging solar panels and batteries to power California homes and
companies including Wal-Mart Stores Inc. (WMT)
Musk's so-called gigafactory may soon become an existential threat to the
100-year-old utility business model. The facility will also churn out
stationary battery packs that can be paired with rooftop solar panels to
store power. Already, a second company led by Musk, SolarCity Corp. (SCTY),
is packaging solar panels and batteries to power California homes and
companies including Wal-Mart Stores Inc. (WMT)