Tesla Wins Massive Contract to Help Power the California Grid

www.bloomberg.com

Tom Randall:

"Tesla just won a bid to supply grid-scale power in Southern California to help prevent electricity shortages following the biggest natural gas leak in U.S. history. The Powerpacks, worth tens of millions of dollars, will be operational in record time—by the end of this year."

The press coverage of Tesla is fascinating. One minute, they can do no wrong. The next, they can do no right. This is the press narrative for many companies, mind you (you only build them up to knock them down). But it happens with Tesla in such a condensed time frame. 

The stance I'll stick with (hopefully for the foreseeable future): it seems folly to think Tesla and Elon Musk aren't always thinking one step ahead of whatever it is you're currently thinking about the company. 

Read more...
Linkedin

Want to receive more content like this in your inbox?