Why Elon Musk's Batteries Scare the Hell Out of the Electric Company
Here’s why something as basic as a battery both thrills and terrifies the U.S. utility industry. At a sagebrush-strewn industrial park outside of Reno, Nevada, bulldozers are clearing dirt for Tesla Motors Inc. (TSLA)’s battery factory, projected to be the world’s largest. Tesla’s founder, Elon Musk, sees the $5 billion facility as a key step...
Continue Reading http://www.bloomberg.com
Join the Discussion