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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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Manufacturing & engineering

Tesla to promote solar panels in nation's Home Depot network

Powerwall is designed to store electricity collected by a home's solar panels or purchased from the grid

In its latest sales push, Tesla Inc (NASDAQ:TSLA) is hoping US punters will go solar.

The tech group, famously founded by the inimitable Elon Musk, is set to open small kiosks with its own staff, inside Home Depot stores.

There it will pitch its solar panels and Powerwall electricity storage devices to shoppers at the huge US DIY chain.

Powerwall is designed to store electricity collected by a home's solar panels or purchased from the grid during off-peak hours.

If people own a Tesla vehicle, the product can also be used to supply power to a home in the case of an outage.

Some Home Depot stores already have kiosks set up, while all 800 US Home Depot locations should come on line later this year.

Tesla shares are up 0.44% in New York at US$350.46.

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