In addition to Musk’s personal contributions, SpaceX’s political action committee has donated extensively to members of both parties this cycle. On the Republican side are some of Congress’ most prominent deniers of climate science, including Sens. Jim Inhofe (Okla.) and Ted Cruz (Texas), who received $2,500 and $3,500, respectively. The campaign committee of Rep. Lamar Smith (R-Texas), the outgoing chairman of the House Committee on Science, Space and Technology who has argued that pumping the atmosphere full of carbon dioxide is “beneficial” to global trade, crop production and the lushness of the planet, received $1,000. … [Read more...] about Elon Musk Has Donated Nearly 7 Times As Much To Republicans This Cycle
Elon musk battery
Musk: Tesla Selling $35K Model 3 Would ‘Lose Money and Die’
As Tesla approaches its first shipping anniversary, the Model 3 is now a luxury priced-vehicle, with the least expensive equipped unit available at $49,000. The company just introduced a new dual-motor Model 3 that does 0-60 mile-per-hour in 3.5 seconds, and has a battery charge range of 310 miles, and is super-luxury priced at $78,000. … [Read more...] about Musk: Tesla Selling $35K Model 3 Would ‘Lose Money and Die’
Tesla secret lab is building batteries of the future
Aside from cost control, having its own battery pack and battery cells could result in better performance among Tesla vehicles since it can fully apply the technology that Musk's company intends its vehicles to have. Per research by IHS Markit, the battery system of an electric car comprises the main cost of production. … [Read more...] about Tesla secret lab is building batteries of the future
What the Home Battery Could Mean for Africa
The African continent is revolutionizing itself as the place where no infrastructure is no problem. This began in the telecommunications field: Africa lacks a robust system of landlines, which traditionally enable better access to desktop computers, online services, and financial institutions. But the emergence of cellular telephony has allowed individuals across Africa to bypass this infrastructure deficiency. Today, the Pew Research Center estimates that over two-thirds of Africans own cell phones, with adoption nearing 90% in some countries. Now, Africa may be on the path to revolutionizing itself in a second field: electricity. Decentralized energy storage options, like those announced by Tesla, General Electric, Samsung, LG Chem, and others, could play a significant role in enabling that revolution. … [Read more...] about What the Home Battery Could Mean for Africa
As Tesla Fights to Make Profit, Wall Street Has Concerns
The company spent slightly more than $1 billion in the first three months of this year to cover the cost of manufacturing its cars, salaries for its sales staff, equipment and other business expenses. That spree left Tesla with $2.7 billion in cash at the end of March. … [Read more...] about As Tesla Fights to Make Profit, Wall Street Has Concerns
