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Tag Archives: Elon Musk

AP source: Tesla selects Nevada for battery plant

Justin Pritchard and Scott Sonner | The Associated Press RENO, Nev. (AP) — Tesla Motors has chosen Nevada as the site for a massive, $5 billion factory that will pump out batteries for a new generation of electric cars, a person familiar with the company’s plans said Wednesday. The person, who spoke on condition of anonymity because no official announcement ...

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Tesla to reduce costs of renewable energy storage

Zach Koppang | Shale Plays Media Tesla Motors, the manufacturer and proponent of electric vehicles, might deal a crippling blow to utility companies with its plan to make renewable energy and the storage of that energy more accessible to the public. A recent report on Motherboard.com has outlined how the electric car maker Tesla has been touted by Morgan Stanley, ...

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Tesla’s June target passeswithout comment

By Nick Pappas | the Albuquerque Journal (Albuquerque, N.M.) Tesla Motors Corp. didn’t break ground on its $5 billion battery factory in June after all. That target passed without incident Monday when the electric car company failed to announce where it would begin preliminary work on its “gigafactory,” which is expected to employ up to 6,500 workers. CEO Elon Musk raised ...

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Green Bank fuels solar

By Larry Rulison |  the Times Union (Albany, N.Y.) ALBANY — Although Gov. Andrew Cuomo’s $1 billion Green Bank is just getting off the ground, it appears to have played a role in getting one of Silicon Valley’s biggest solar energy advocates to make a huge bet on the state. Last week, Elon Musk, chairman of SolarCity and founder of ...

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SolarCity, an installer, to buy panel-maker Silevo

NEW YORK (AP) — SolarCity, one of the nation’s largest installers of rooftop solar systems, is buying Silveo, a solar panel manufacturer. It’s the latest in a string of moves by solar power companies to engage in a broader part of the solar market, from manufacturing panels and modules to developing and financing projects to installing and building systems. The ...

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SpaceX unveils sleek spaceship to fly U.S. astronauts

By Irene Klotz Fla. May 29 (Reuters) – Space Exploration Technologies, or SpaceX, on Thursday unveiled an upgraded passenger version of the Dragon cargo ship NASA buys for resupply runs to the International Space Station. Rather than parachuting down into the ocean, the new capsule is outfitted with beefed up motors and landing legs to make precision touchdowns on land, said ...

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The coming solar revolution

By John Deede, Shale Plays Media | Google+ Decreasing costs and increasing efficiency in solar panels and power storage may soon spell the end of traditional fossil fuel-generated electricity. The biggest problem confronting the solar industry has been how to store the power. When the sun is shining, photovoltaic solar panels are able to generate a surplus of electricity, but ...

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