Powerwall 3 Launches
After some rumours began circulating about a potential upgraded Powerwall product rolling out, a photo from a user on the Tesla Motors Club forums was posted to the Everything App - and Elon himself confirmed that Powerwall 3 had indeed launched.
The September 8th post from the Tesla CEO detailed that the new version of the company’s home battery system is optimised for ease of installation, and high power delivery - ensuring that an owner could potentially power their whole home with a Powerwall 3 - as opposed to picking and choosing which appliances get priority, as had been the case with previous versions.
The original poster reported that the dimensions of the new unit were 43”x24”x7” - which makes the Powerwall 3 smaller in both height and width than its predecessor - but almost an inch deeper.
The reason for this extra depth hasn’t been discussed yet - but it’s a possibility that the new Powerwall makes use of lithium iron phosphate batteries, which would account for the extra capabilities.
Tesla has also made a big deal this year about using the same parts across as many of their products as they can in an effort to streamline their whole production operation - so this idea makes more than a little sense.
Currently, Tesla’s site is still showing the specs for their Powerwall 2 product - which is listed at $8,700 USD before rebates and other incentives. Reportedly, the Powerwall is able to net new owners a 30% reduction in cost via an Investment Tax Credit until 2032, when it will begin decreasing until dropping off completely in 2035.
Powerwall and its associated personal home power generation systems have been enjoying a lot of success over the past year or so - with Virtual Power Plants in places like California and South Australia proving to be extremely helpful to owners.
With all that extra attention, it’s surprising Tesla managed to sneak out this release - although given what’s been happening just within the past month with the Model 3 Highland, Cybertruck, and SpaceX’s progress with Starship, I guess it wasn’t so hard.