It was something of a love fest for Tesla at the energy commission meeting in Sacramento as commissioners and other regulators praised Tesla as an innovator that has brought automotive manufacturing back to California while creating clean cars and more than 1, 500 jobs.
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And in terms of energy storage, Tesla is one of its key customers for its lithium ion batteries.
From there, he's taken on private spaceflight as CEO of SpaceX, electric vehicles as CEO and chief designer of Tesla Motors, and solar energy as chairman of Solar City.
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Expected to be the world's highest-performance, most energy-efficient GPU, the Tesla K20 is planned to be available in the fourth quarter of 2012.
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Panasonic Energy Company President Naoto Noguchi presented Tesla Chief Technology Officer JB Straubel with the first production Lithium-ion cells manufactured at the new facility.
"These cutting-edge Panasonic batteries will combine with Tesla's battery pack technology to produce the highest-energy density EV battery packs in the world, " said Straubel.
"Tesla is a bellwether that people are interested in these alternative energy technologies, " says Robin Vasan, a managing director at Mayfield, a Menlo Park-based VC firm that has three energy technology companies in its portfolio.
Both Boeing and Tesla use batteries fueled by lithium cobalt oxide, which is among the most energy-dense and flammable chemistries of lithium-ion batteries on the market.
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Morgan Stanley has raised money for Tesla Motors, a producer of electric cars, and it has invested in Bloom Energy, an innovator in fuel-cell technology.
The Tesla Roadster, which indeed uses Li-ion batteries, stores 56 kWh of electric energy and delivers up to 215 kW of electric power (a NiMH battery pack with the same electric energy would weigh over twice as much).
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