Tesla CEO Elon Musk is all about disruption. That means electric cars instead of the more common gas guzzlers and direct sales in place of dealerships. Unfortunately for Musk, auto dealers are often a powerful political constituency, and have managed to get legislation passed in numerous states banning direct sales. Today, West Virginia joined that group, when Governor Ray Tomblin signed into law a bill that prevents manufacturers from operating their own dealerships.
On Wednesday evening, Tesla revealed plans to release a new battery that it said could power homes.
"We are going to unveil the Tesla home battery, the consumer battery that would be for use in people's houses or businesses fairly soon," CEO Elon Musk said, according to Bloomberg.
On Tesla's earnings call, CTO JB Straubel said the company would most likely hold an event in the next "month or two" to reveal the battery, according to a Seeking Alpha transcript. The battery would enter production in "about six months or so."
The rise of humans from fearful creatures huddled around cave fires to the dominant species on the planet largely parallels the evolution of weaponry. Different subgroups rose and fell, spreading their culture or declining in influence as they either came up with the new best thing with which to slaughter their neighbors or fell behind in the innovation game.
Elon Musk, CEO and founder of the upstart commercial launch venture SpaceX, announced at a press conference today, Friday, April 25, that SpaceX is filing suit against the Federal Government to protest and break the US Air Force’s awarding of lucrative launch contracts for high priority national security satellites to a sole rocket provider – United Launch Alliance (ULA) – on a non competitive basis.
The gloves are officially off in the intensely mounting duel over multibillion dollar Air Force military launch contracts between SpaceX and ULA.