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Musk Says Tesla Energy Will Help World’s Poor Leapfrog the Grid

Bloomberg business news

Can Tesla Change How the World Uses Energy?

Elon Musk said the new suite of batteries being offered by Tesla Motors Inc. can revolutionize electricity for the world’s poorest citizens the way mobile technology disrupted the telecommunications industry.

Coupled with solar panels or wind turbines, powerful lithium-ion batteries can store energy and provide electricity for people facing what’s called “energy poverty.”