Earlier quoted context omitted.
We've had energy storage devices for homes for a while now. It isn't exactly tearing up the market. Very few people are willing to pay the significant upfront cost for the benefit of ongoing but small reductions in power bills. And that is with government subsidies (at least in Australia). I don't see how Tesla's superior technology is going to affect the product proposition.
Similarly, we've had electric cars for a while, and we've had high end sports cars and sedans for quite a while, but Tesla came along and blew most of them out of the water. Except for range, which will be solved sooner or later, it's a stunning tour de force, especially coming from an American manufacturer. I have faith that Elon Musk will also think of a way to disrupt the home energy storage market, which in my op…
You can get 10kW of power from a Gas generator for $3000 (hooked up to a Propane fuel tank... or to a gas line if you trust those). A 500 gallon propane tank will keep you running virtually indefinitely, and will only cost a few thousand after installation costs.
So you're realistically looking at $5k to $6k for a gas generator solution for a lot of people.
In contrast, Power Wall is $3500 for a paltry 2kW of power... not enough to even run my air conditioning unit let alone the rest of my house. This cost does not include the inverter, the additional batteries that need to be built out, or the electrician who needs to come out and set this all up. After that extra money spent... it is unlikely to run for much longer than 24-hours.
It is clear what the sane, reliable solution is. A gas generator. The Power Wall doesn't come anywhere close to the specs.