Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Own A Cybertruck? It Can Soon Power Your Home, Says Tesla Exec

Author: Anan Ashraf | March 19, 2024 04:53am

Tesla executive Drew Baglino said on Monday that its Cybertruck can power homes starting next quarter.

What Happened: Powersharing to homes will be enabled via an over-the-air update in the second quarter, according to Tesla SVP of Powertrain and Energy Engineering Drew Baglino

Baglino responded to a user’s question on X about powering a house with the truck.

“Truck-only systems come first with Powerwall integration a fast follow,” Baglino explained.

Powerwall refers to Tesla’s compact home battery that stores solar energy for backup during grid outages. 

Tesla’s website confirms the ability to power a home using both a Powerwall and the Cybertruck.

Why It Matters: Tesla’s website states that the Cybertruck, the only Tesla vehicle currently equipped with powershare — though not yet enabled — can help power tools, charge another EV, or provide up to 11.5 kW of power to a home for over three days in case of an outage.

Ford’s Cybertruck rival, the F-150 Lightningcan power homes already for up to three days or even 10 if usage is properly rationed, according to the automaker.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next: Tesla Bull Suggests EV Giant Break Out AI Revenue And Profit As 4th Segment In Earnings Reports To Grab More Investor Eyeballs

Posted In: TSLA

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist