Tesla Electric is designed to manage excess electricity you generate
Tesla
After gaining experience through its virtual power plants (VPPs), Tesla has launched “Tesla Electric” to become an electricity retailer through its Powerwall infrastructure.
Tesla's virtual power plant is a connection of distributed energy storage systems that work in tandem to give energy back to the grid to avoid dirty and costly peak power plants, which helps stablize the grid. Essentially, when the grid is being strained, Tesla's VPP can kick in and draw power from Powerwall owners enrolled in the program helping avoid brownouts and earning Tesla owners some extra cash.
Tesla Electric, however, differs from Tesla's VPP in that its goal is to manage excess electricity. Tesla Electric is an electric power plan for Powerwall owners, starting with owners residing in Texas. With Tesla Electric, the Powerwall will automatically decide when to use electricity and when to sell electricity back to the grid, maximizing profits for owners.
The service brings Tesla’s expertise in energy markets and energy storage to your home, maximizing the value of your solar energy while using your Powerwall storage to add more renewable electricity to the grid.
Tesla Electric unlocks more value from energy you send to the grid using algorithms that monitor electricity prices in your area and direct your Powerwall to sell energy when prices are highest.
Unlike other solar buyback plans, where excess solar is 'bought' when it is abundant and cheap, Tesla Electric enables customers to sell energy when it is in higher demand and more valuable.
Solar and Powerwall can help you and your community accelerate the transition to sustainable energy. When importing electricity from the grid, Tesla Electric offsets your usage with energy from 100 percent renewable sources.
"Together with other Tesla Electric members, you can maximize the value of your solar energy while using your Powerwall storage to add more renewable electricity to the grid."
Tesla Electric is currently only available in Texas, with Tesla looking to support additional states in the future. To be eligible, you need to have Tesla solar and at least one Powerwall and live in an area of Texas that offers retail choice.
Updated: Tesla recently announced that Tesla Electric customers would be able to charge their vehicles for a flat fee of $30/month.
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Elon Musk always gets excited about upcoming products — and this time, he’s announcing Tesla will have an epic demo later this year. Not just any demo, but the “most epic demo ever,” according to Musk. He then emphasized it by saying “Ever.” again. It certainly sets high expectations, but what could Elon be alluding to?
Given Tesla’s ambitious roadmap, there are numerous possibilities that could have Musk this excited. Given it’s coming from the Tesla Design Studio, we’re expecting this to be a physical item, rather than something software-based like FSD breakthroughs.
With the Q2 2025 Earnings Call around the corner, we may learn more about the upcoming demo soon; otherwise, we may have to wait until Elon teases it further or Tesla sends out event invites.
Let’s take a look at what Musk could be so excited about that could be part of this epic demo.
Contender 1: Optimus V3
First in the ring is Tesla’s humanoid robot, Optimus, which is expected to receive its production variant, version 3, by the end of 2025.
The production variant is supposed to bring together everything that Tesla has learned over the years on Optimus V2 and combine it with mass-manufacturable hardware for the first time.
A full-blown demonstration of Optimus V3 working in Tesla’s factories, performing complex tasks autonomously - something no other humanoid robot has done to date - would most certainly fit the bill. A truly capable humanoid robot that can understand and interact with the real world would be a game-changing technology, and an early demo showcasing that would certainly be unforgettable.
Contender 2: The New Roadster
Hiding somewhere in a corner of our ring is the next-generation Tesla Roadster. It has been years since the demonstration of the Roadster and its SpaceX-powered cold-gas thrusters. While we’ve received occasional updates on the Roadster, it’s clear it hasn’t been Tesla’s priority, nor should it be.
A demonstration of a finalized, production-ready Tesla Roadster would be a massive event—and one that people have been waiting for for years. This would be especially awesome to see in a world where the track is now dominated not by the Model S Plaid but by the Rimac Nevera and Lucid Air Sapphire.
Contender 3: More Affordable Models
While less flashy than the other two corners, this contender is probably the biggest elephant in the room. There are now two versions of “affordable” vehicles. One is a trimmed-down Model Y, while the other is the long-rumored $25k vehicle that is expected to be based on the Robotaxi.
For Tesla’s “legacy” vehicle business, a more affordable vehicle will help drive growth, while allowing the still-nascent AI and robotics businesses to get their footing.
Contender 4: The Production Semi
The last contender is the production variant of the Tesa Semi. With the new Semi factory in Nevada beginning to ramp up and begin volume production, there’s no better time to reveal the final production version of the Semi.
We’ve seen pilot vehicles on the road, as well as some wrapped-up test variants at Tesla’s production facilities - but we’ve yet to see the final version. A full blown demo of the Semi hauling a trailer on a long-haul route would definitely be something to show off.
While it may not be as exciting for the average consumer, the Tesla Semi is on a path to revolutionize the trucking industry and transition it to electric. Trucking accounts for 23% of greenhouse gas emissions and up to 60% of fine particulate matter emissions, despite comprising only about 10% of vehicles.
This is one of the places Tesla can have one of its biggest impacts. Many of their industrial partners are already on board to electrify their fleets.
Whatever the demo ultimately is, it’s evident that Tesla’s teams are developing something impressive. For now, we can only speculate, but we’ll be listening closely during the Q2 earnings call for any additional clues.
The long long wait for FSD (Supervised) in Australia and New Zealand may be coming to an end. Thom Drew, Tesla’s Country Director for Australia & New Zealand, has confirmed on LinkedIn that Tesla has been working with local authorities in both countries and that there are no regulatory blockers for the release of FSD in the region.
The confirmation came in response to questions following Tesla’s FSD demo video in Sydney, Australia.
Hurdles Cleared
For many years, the main question surrounding the release of FSD in other Asia-Pacific countries, especially Australia, has been the status of regulatory approval. Drew’s statement provides the clearest answer yet regarding regulatory barriers, and it appears that the path is clear from a governmental standpoint.
“We have been working with local authorities across AU & NZ and there are no regulatory blockers for release. We are running through the final stages of validation prior to public release. Looking to start with HW4 on certain vehicles and then release in phases from there.”
Thom Drew, Tesla’s Country Director for Australia & New Zealand (LinkedIn)
With the regulatory question answered, the timeline for the release is now entirely in Tesla’s hands. According to his statement, Tesla is in the final phases before a public rollout, likely meaning Tesla is doing some final testing and veritifcation on local roads before flipping the switch.
— Tesla Australia & New Zealand (@TeslaAUNZ) July 17, 2025
The Rollout Plan: HW4 First
Drew also provided the first details on how Tesla plans to launch FSD in the two countries, and it seems to be a similar approach to the one Tesla took in China.
That means that the release will begin with AI4 (HW4) equipped vehicles first. Once those vehicles are up and running, they will slowly begin to phase in older AI3 (HW3) vehicles over the next few releases.
For owners of HW3 vehicles (everything we know about the HW3 upgrade), this phased release means that they’ll be waiting a little longer than other owners, but at least there’s progress and some clear next steps now. A little more waiting isn’t too bad, especially when you consider just how long many owners in Australia and New Zealand have been waiting for any semblance of FSD in their nations. Tesla initially outlined Q2 2025 as the target availability date for FSD in RHD markets, so this timing is roughly on track with what Tesla initially announced in September 2024.
Hopefully, Tesla also opens up the opportunity for FSD transfer for HW3 owners in both countries, as we’re sure many people would upgrade alongside the official release of FSD to the latest hardware.
And just in case you thought the first video wasn’t true because it wasn’t upside down - well, Tesla provided us the original too.