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Tesla is set to make an announcement on stationary storage battery systems that has kept the tech world watching with bated breath. The event takes place tonight at 8pm Pacific Time / 4am Greenwich Mean Time / 5am Central European Time.

Click here for the livestream direct from the Tesla Design Studio in Hawthorne, California:

www.teslamotors.com/livestream

Reactions and comments to follow. To get an analyst's take on the specualtion, read our discussion with analyst Cosmin Laslau of Lux Research.

"Tesla could be in one of the strongest positions in the energy storage world to offer a large number of customers to finance energy storage and kind of spur adoption in a way that we haven’t seen before."
Cosmin Laslau, Lux Research.

Tesla announcement: livestream and reactions to follow

Tesla's Gigafactory is currently under construction. Image: Tesla.

Tags: lithium-ion, battery, solar-plus-storage, evs, plug-in evs, residential