Tesla Plans to Shift Production of Powerwall to Gigafactory in Nevada

Last April, Tesla launched its Powerwall batteries and within weeks it was sold out, booked till the middle of 2016. The pre-order demand that time was described as "crazy off the hook" by Elon Musk, Tesla's CEO. Telsa fetched about 38,000 orders then.

Looking at the success of it giant batteries, the company is thinking about an update. It was Musk himself who told about the plans in Paris during a recent Q&A session which he had with the Tesla car owners.

Musk said "We've got the Tesla Powerwall and Powerpack, which we have a lot of trials underway right now around the world. We've seen very good results. We'll be coming out with version two of the Powerwall probably around July, August this year, which will see further step change in capabilities."

Reportedly, the new version of Powerwall is expected to be produced at the company's gigafactory in Nevada. In November Tesla said that the company started producing the Tesla Energy product in the third quarter at its Fremont factory but had a long-term plan to shift its production to the Gigafactory looking at the high demand for its Powerpacks and Powerwalls.