A household battery made out of old Tesla batteries sounds like a good idea, but I think someone has thought of it.
Especially when why would you need such a thing anyway when you have 220v+ just itching to get the job done directly from the grid? The grid needs power storage, yes, but there's all sorts of solutions to that beyond lithium ion batteries including water & stone gravity storage systems. Or just centralized batteries.
A battery bank at home can be a good solution to grid balancing, eg if power is cheaper during the day or night, or if you have solar. Water storage systems aren’t very efficient and need lots of space, but there are people who do it. You can also compress air into a cave. Batteries are just something that are cheaper and more space efficient than other solutions.
Centralized batteries work as well, though they don’t do anything if you have lots of grid failures.
So while yes water storage systems need lots of space, that's really only a problem if you're trying to distribute it. But you don't need to, you can centralize power storage to alleviate time of day spikes. Which many power grids already do.