Tesla has seen better days.
The automotive company is expected to report disappointing sales of the Tesla Model 3 car to investors on Monday. To add even more concern, a parked Tesla vehicle suddenly exploded in a Shanghai carpark. There were fortunately no fatalities, but the danger presented is deeply concerning.
Picture it: February 2018, Florida. The largest commercial rocket in the world sits upright on launch pad 39A at Kennedy Space Center awaiting its first journey into space. The Falcon Heavy rocket, eventually intended to deliver large payloads into space, is built by SpaceX, one of many privately-owned empires built from the ground up by visionary and entrepreneur Elon Musk. But this mission is far simpler: launch the Falcon Heavy into Earth’s orbit to test its systems together. Of arguably more importance is the Falcon Heavy’s theoretical ability to propel space-bound humans well beyond the limits of the Earth’s atmosphere to previously unexplored destinations, beginning with Mars.
On this day, the Falcon Heavy payload isn’t part of a future space station, a highly-classified satellite for the government, or humans reaching far to “touch the face of God.” The payload is Elon Musk’s own first-generation electric Roadster, a groundbreaking all-electric car made by Musk’s car company, Tesla.
Riding high after a $50 million bet by Elon Musk that Tesla would be able to install the world’s largest battery system in South Australia in under 100 days, the massive Powerpack is now proving its worth.
The Loy Yang A 3 coal power plant in Victoria is one of the biggest power plants in Australia. On two different occasions, Loy Yang’s power grid experienced an outage, and both times, Tesla’s Powerpack battery was able to stabilize it within milliseconds, an especially impressive feat given that the coal plant is over 620 miles away.
The Corporate Carbon Policy Footprint (CCPF) must scare the bejesus out of climate activists.
Released in August, the CCPF argues that the bad guys take 35 of the top 50 most influential positions among companies informing climate policy in democratic governments around the world. The world’s heaviest polluters not only have a seat at the table when it comes to influencing and writing government policy, they have an overwhelming majority of seats.
Yesterday, Tesla and SpaceX CEO Elon Musk said he received verbal approval from the United States government for his aptly named Boring Company to build an underground Hyperloop transit network connecting New York, Philadelphia, Baltimore and Washington D.C. The proposed Hyperloop would have stops connecting each city center, and a dozen more entry or exit elevators located within each city. It would work by shooting pods through a vacuumed-sealed tube at speeds up to 700 mph. Theoretically, travel from New York to Washington would take just 29 minutes.
The Trump administration cut 23 key environmental protections rules in its first 100 days in office and is reopening a review of fuel-efficiency standards for autos, a first step in lowering vehicle efficiency standards and increasing consumer dependence on oil. Meanwhile, activities at Tesla labs may soon send gas-powered cars the way of the covered wagon. This small but mighty electric automaker is rapidly growing and setting new standards for efficiency, power, and low emissions. This summer, a game-changing new release could transform the auto industry, and eventually the entire power grid.