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Tesla building world's largest battery system

Jul. 07, 2017 4:30 AM ETTesla, Inc. (TSLA) StockTSLABy: Yoel Minkoff, SA News Editor537 Comments
  • Tesla (NASDAQ:TSLA) has agreed to build the world's largest lithium-ion battery storage project in South Australia as the state battles outages that have driven up energy prices.
  • The company outbid 91 other firms for the contract to install a 100 megawatt facility, while Elon Musk said that if the project is not completed in 100 days, it will be free.
  • TSLA +2.5% premarket

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