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5584 |
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Date: December 07, 2014 at 22:56:47
From: kay.so.or, [DNS_Address]
Subject: Why Elon Musk's Batteries Scare the Hell Out of the Electric Company |
URL: http://finance.yahoo.com/news/why-elon-musks-batteries-scare-050001220.html |
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Tesla's founder, Elon Musk, sees the $5 billion facility as a key step toward making electric cars more affordable, while ending reliance on oil and reducing greenhouse gas emissions. At first blush, the push toward more electric cars looks to be positive for utilities struggling with stagnant sales from energy conservation and slow economic growth.
Yet Musk's so-called gigafactory may soon become an existential threat to the 100-year-old utility business model. The facility will also churn out stationary battery packs that can be paired with rooftop solar panels to store power. Already, a second company led by Musk, SolarCity Corp. (SCTY), is packaging solar panels and batteries to power California homes and companies including Wal-Mart Stores Inc. (WMT)
the rest of the article at the link....
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5586 |
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Date: December 07, 2014 at 23:53:19
From: Jody/Concord,CA, [DNS_Address]
Subject: Re: Why Elon Musk's Batteries Scare the Hell Out of the Electric... |
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I really don't see the stranglehold the fossil-fuel energy dinosaurs have on
us lasting for for much longer. Free energy and ColdFusion are coming up
so fast onto the scene they won't be able to keep a lid on it all. People are
fed up with the old systems that pollute and cost a fortune that come with
a litany of laws like "Spare The Air" days as an example. I say BRAVO Elon
Musk and Keep it Coming!!! Blessings, Jody
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