With Battery Announcement, Tesla Is No Longer Just a Car Company

Elon Musk is set to announce "the missing piece" at event tonight.

— -- It's no secret that Tesla is getting ready to unveil some kind of battery that will change the way homes and businesses get their energy.

The company is taking a page out of Apple's playbook and is teasing tonight's announcement, slated for 8 p.m. PDT, as "the missing piece."

For the future to be good, we need electric transport, solar power and (of course) ... pic.twitter.com/8mwVWukQDL

— Elon Musk (@elonmusk) April 29, 2015

Tesla has previously said it has been working on a stationary battery -- and all signs point to the car company revealing their plans tonight.

Several job postings on Tesla's website advertise for engineers to work on a stationary storage team, indicating that the company won't just be focused on producing lithium ion batteries for its vehicles when its multi-billion gigafactory opens in Nevada.

The ability to store energy from the sun and use it at night -- time shifting energy storage -- could slash consumers' electric bills. What remains unknown is how much a home battery could cost consumers to purchase or lease.

For the future to be good, we need electric transport, solar power and (of course) ... pic.twitter.com/8mwVWukQDL

Tesla has previously said it has been working on a stationary battery -- and all signs point to the car company revealing their plans tonight.

Several job postings on Tesla's website advertise for engineers to work on a stationary storage team, indicating that the company won't just be focused on producing lithium ion batteries for its vehicles when its multi-billion gigafactory opens in Nevada.

The ability to store energy from the sun and use it at night -- time shifting energy storage -- could slash consumers' electric bills. What remains unknown is how much a home battery could cost consumers to purchase or lease.