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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: 3, Informative) by FatPhil on Tuesday October 03 2017, @09:22AM

    by FatPhil (863) <reversethis-{if.fdsa} {ta} {tnelyos-cp}> on Tuesday October 03 2017, @09:22AM (#576506) Homepage
    So you'd prefer it if the Australian govt., and therefore teh Autralian taxpayer, was obliged to pay full whack whatever? It seems as if you're objecting to people delivering on their promises, which is very wrongheaded.

    And since when is Tesla a rich person? It's a publicly traded company. If Tesla don't deliver, only the shareholders suffer.
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