The Countdown on Tesla's $50 Million Battery Bet Begins
Musk has started work on his pledge to build the world's largest lithium battery plant for South Australia
Tesla's TSLA Ceo has begun work to fulfill his pledge to build the world's largest lithium battery plant for South Australia in 100 days, according to CNBC. If the CEO fails to complete the project in the allotted time, Musk promised it would be free.
The project is set to cost at least $50 million which could make it a pricey mistake if the company fails to meet the 100 day deadline.
The plant will provide 30,000 homes with electricity when it is complete.
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