Morgan Stanley Thinks Tesla Could Put Your Electric Co. Out of Business

Staff Writer
Mount Shasta Herald
Morgan Stanley report suggests that energy storage, when combined with solar power, could disrupt utilities in the US and Europe. The investment house believes "Tesla’s energy storage product will be economically viable in parts of the US and Europe, and at a fraction of the cost of current storage alternatives." Even with a likely reduction in solar Investment Tax Credits from 30% to 10%, Morgan Stanley expects rooftop solar economics to improve. Utilities across the country are fighting tooth and nail existential threat'

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