TECH

Do You Know Tesla Made More Money This Quarter Than All U.S. Oil Companies Made Last Year

Signs of the times. This past quarter, Elon Musk’s Tesla company made a profit of $22 million, while the entire U.S. oil industry lost a total of $67 billion last year, according to the U.S. Energy Information Administration. This is in part due to the global oil prices falling, as well as humanity’s awakening push for clean, renewable energy. According to the Renewable Energy Institute, the price efficiency of solar technology will be better than fossil fuel by 2025 and will continue to get cheaper and cheaper until that time. (more…)

by kenneth 0
TECH

Inside Tesla’s Gargantuan Gigafactory

https://youtu.be/bFYlEDrE3tc In the middle of the Nevada desert, one of humankind’s greatest architectural propositions is gradually taking shape in the form of the Tesla Gigafactory. The crown jewel in the electric car company’s unprecedented assembly line, the Gigafactory will be the largest building in the world when completed, clocking in at a vast 6 million square feet — enough to accommodate 93 Boeing 747 jets. Devoted solely to producing battery packs en-masse, most importantly for the upcoming Model 3, the Gigafactory will help to drive down the cost of lithium-i

by kenneth 0