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- There is no evidence that Elon Musk has endorsed or invented any energy saving device123. The ads that claim otherwise are scams that use his name and image to sell fake products123. The only product that Tesla, the company that Musk is the CEO of, sells related to energy storage is the Powerwall, a lithium-ion battery module that can store electricity from solar panels or the grid4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.No, that's not true: Electrical devices with identical plastic housings have been marketed online for years without mention of Elon Musk,and there is no evidence this is his invention. Many reports have warned that these purported power-saving devices not only don't do what is claimed but are frequently associated with secondary scams.leadstories.com/hoax-alert/2023/03/fact-check-elo…Plug-in boxes or devices that claim to lower your electricity usage and reduce your power bill are sold under many different product names, such as Miraclewatt, Stop Watt, Pro Power Saver and Voltex. None of these are actually sold by or associated with billionaires such as Elon Musk or Bill Gates.www.verifythis.com/article/news/verify/technology-v…In the final months of 2022, online users reported seeing ads that claimed Twitter owner Elon Musk and Tesla, the company that he had been the CEO of for years, had endorsed a product named Pro Power Saver or Power Save Pro.www.snopes.com/fact-check/pro-power-saver-elon …The lithium-ion battery modules can store electricity from solar panels and serve to balance loads from the grid, charging up during non-peak energy usage hours, then providing energy to a home or facility during peak hours. Homeowners will be able to get the module called the Powerwall, which Tesla will sell in 7- and 10 kilowatt-hour modules.www.cnet.com/tech/tech-industry/teslas-elon-mus…
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