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posted by martyb on Tuesday October 03 2017, @01:26AM   Printer-friendly
from the follows-highly-charged-negotiations dept.

Tesla has reached the half-way point in its plan to build the world's biggest battery, in South Australia.

The plan to build the 100MW (129MWh) lithium battery grew out of a Twitter bet between Tesla boss Elon Musk and Australian software entrepreneur Mike Cannon-Brookes.

Mr Musk said Tesla would build the wind-charged battery in 100 days or the state would not have to pay for it.

[...] Tesla has given itself a good chance of hitting the self-imposed deadline because construction of the battery began long before the clock started counting down.

The official countdown to the end of the 100-day deadline commenced on 30 September, after the project was given approval by Australian energy regulators.

Mr Musk said that if Tesla missed the deadline it stood to lose about $50m (£38m).


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  • (Score: 2) by takyon on Tuesday October 03 2017, @03:37AM (2 children)

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Tuesday October 03 2017, @03:37AM (#576406) Journal

    If Tesla doesn't finish it by the due date, it's the taxpayers' gain.

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  • (Score: 0) by Anonymous Coward on Tuesday October 03 2017, @03:47AM

    by Anonymous Coward on Tuesday October 03 2017, @03:47AM (#576409)

    You probably also think the supermarket is being generous when they have a two-for-one deal.

  • (Score: 3, Funny) by driverless on Tuesday October 03 2017, @06:48PM

    by driverless (4770) on Tuesday October 03 2017, @06:48PM (#576726)

    Isn't the world's largest battery still waiting to be built? All you need to do is hook all the Australians up to a Matrix-style power bank and you're done. So strictly speaking Tesla's LiIon bank is the current world's largest battery, until they move ahead with phase 2.