Tesla has relaunched its Powerwall residential battery, two years after restricting sales of the product due to supply constraints. Customers can now purchase a stand alone Powerwall, which connects to solar panels and Tesla’s Solar Roof to store unused energy, for $9,200 through its website. Previously the product was only available in a bundle with Tesla’s solar products at an added cost...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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