Elon Musk Guarantees Buyback Value of the Model S from His Own Pocket
The Tesla Model S is possibly the most technologically advanced vehicle on the road today, and Elon Musk is putting his money where his mouth is, offering both special financing and a guaranteed buyback price. Elon Musk has no delusions that the Tesla Model S is an affordable vehicle and doesn’t plan on dropping the [...]
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Recent reports released by Navigant Research predict that the annual revenue of the global energy market could exceed $40 billion by 2020, thanks to the 400 individual projects currently running or under development. A key factor that will determine the growth of the industry is the microgrids. Initially, these have been popular only within small [...] Read more... | British economist, Nicholas Stern, author of of the most significant and prominent studies on climate change in the last decade, warns that global warming will be much more severe and detrimental than predicted. Stern is a former chief economist for the World bank. In 2006, he released a study on the future cost of climate [...] Read more... |
Aquion Energy received an additional boost from major investors, including Bill Gates, to develop a cheap and environmentally-friendly water-based battery system. The new energy storage technology by Aquion Energy received a total of $35 million in investments. The energy storage units are suitable for small and large-scale energy projects, with test units of the so-called [...] Read more... | On Monday, the Defense Nuclear Facilities Safety Board expressed concerns that stored toxic, nuclear waste at Hanford Nuclear Reservation, the most contaminated site in the United States, could explode. Hanford was created in the 1940s as part of the Manhattan Project, the top-secret project to create the atomic bomb. Over the years, the US has [...] Read more... |
Lithium-Sulfur battery technology may be more powerful and less expensive than lithium-ion [Li-ion], but also suffers from a greatly reduced lifespan. Battery technology is one of the leading drivers of price of electric vehicles. Bigger batteries give better range, but add thousands of dollars to the cost of the vehicle. On the other hand, smaller [...] Read more... | With climate change becoming one of the most widely discussed and pressing problems in recent years, protecting and caring about the environment has become the main goal of many major organizations and governmental agencies. One such agency is NASA. Opposite to common beliefs that exploration of the Earth surface is their main aim, NASA has [...] Read more... |
Nuclear power has been found to have saved millions of lives by being an alternative source of energy to fossil fuels, according to a recent study by scientists at the NASA Goddard Institute. Quantifying health damage caused by burning of fossil fuels has always been a challenge to researchers. Nuclear power is often considered as [...] Read more... | The system works by storing energy as potential energy driving by gravity. Boxcars heavy with gravel are driven up a 7% grade by electric motors. Renewable energy production is often intermittent and isn’t produced when there is demand for it, which is why energy storage solutions are being researched so fervently. There are various approaches [...] Read more... |
We may never give high voltage power cables a second thought, but there’s a lot that goes into their construction that could be improved. High voltage cables are typically made from a steel core and an aluminum shell. Aluminum is the 4th-best conductor of electricity after gold, silver, and copper, but doesn’t make a good [...] Read more... | Tesla Motors is now attracting mainstream car buyers, by offering a tempting financing option to all future customers of the Model S that wouldn’t have otherwise thought of purchasing an electric car. Thanks to the collaboration with Wells Fargo and US Bank, Tesla Motors now provides financing of 10% of the cost of the Model [...] Read more... |
The US Environmental Protection Agency conducted a survey on quality of US rivers, indicating that majority of streams and rivers in the country are in “poor condition” for their inhabitants due to high levels of contamination and physical disturbances. Hydrologists from the agency collected samples from around 2000 sites over the period between 2008 and 2009. They [...] Read more... | “There have been many car startups over the past several decades, but profitability is what makes a company real. Tesla Motors is here to stay and keep fighting for the electric car revolution.” So spoke CEO Elon Musk in a statement. Those who pay attention to Tesla Motors stock [NASDAQ: TSLA] have probably noted the ups [...] Read more... |
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