Tesla received a lot of attention this year with the recent announcement of launching a $5 billion dollar gigafactory (solar powered factory) in Nevada that will produce batteries for Tesla vehicles. As you can imagine, the factory will cover a lot of ground to the tune of 10 million square feet.
This will mean that Tesla will be able to produce close to 500,000 vehicles by 2020. In turn it will create employment for 6,500 people and consumers will find it more affordable to purchase batteries for their electric vehicles that are currently selling for around $5,000, including installation costs. The Giga factory will ensure the battery costs will be lowered by 30% if not more.
Setting up the factory sure …show more content…
He mentioned that they are working towards having a driverless Tesla ready within as little as three years from now. It is clear to see that Tesla will change the world as we know it in a big way.
Tesla is continuously looking for ways to lower the costs of their batteries thereby making it accessible to more and more people. Just recently, they partnered with Jeff Dahn who is known for his exceptional, innovative lithium-ion batteries that are very similar in design to what Tesla is currently using for the Model S sedans. Financial data were not made available as yet, but Tesla will sponsor Dahn’s research efforts in return for a solution to their cost problem.
Another huge change to the future will be Tesla’s Powerwall system. It was in April that the company announced their solar battery drive on a global scale with Powerwall where businesses and homeowners can look forward to much needed backup power in the even that standard power sources fail and to save on energy …show more content…
Low and behold, in 2009, SpaceX’s Falcon 1 rocket became the first liquid-fuelled vehicle to be privately funded and put a satellite into orbit. From hereon, the company is going from strength to strength.Especially if you consider that the Falcon 9 was launched in 2010 when President Barrack Obama visited the site where this happened.
What does the future hold in terms of space technology? In a big way, Musk was inspired by Isaac Asimov’s Foundation series who like him views space exploration as one of the most important steps in preserving as well as expanding the consciousness of human life.
Future life on earth does not look all that bright. According to Musk, multiplanetary life may very well save the human race in that it will ensure their continued survival. What if global warming or a super-sized asteroid spells the end of us. On the other hand, the atomic weaponry that we have has the potential to extinguish the human