Elon Musk suggested Tesla will enter the residential HVAC market, claiming the company will upsize the equipment it uses in its electric cars for home use.
Consumers will pay a lot more to heat their homes this winter. The EIA said the retail prices were already at or near multiyear highs at the end of October.
The results of the latest survey from home improvement platform Modernize indicate the trend of spending on the home will continue at least through the rest of the year.