Trending

Stories

Batteries Are Important to Transportation as Today’s Oil, Says Tesla CEO

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Yusuf Balogun
Yusuf Balogun
Yusuf is an aspiring Journalist and Health law expert with a special focus on technology innovations. He is a writer at Right for Education, Libertist Centre for Education, Qwenu, and Editor at Gamji Press, UDUS.

The CEO of the American electric vehicle and clean energy company, Tesla, Elon Musk, has revealed that the importance of batteries in the future is as important as today’s oil.

Elon Musk stated this on Monday while responding to an electric car enthusiast’s Twitter post on social media.

Also Read

According to him, batteries are just as important for future transportation as oil is for current transport.

“In the future of electric, batteries are as important to transportation as today’s oil.” – Elon Musk

This is a powerful statement, and it’s important to remember that an electric vehicle’s battery is the most expensive part. And, as technology advances, that cost will decrease over time.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Almost all-electric vehicle battery production is now done by Asian businesses, many of which are based in China, according to this piece, which also included an infographic from SNE Research demonstrating that the world’s top ten battery producers are all based in China. China owns 44.1 percent of the worldwide electric vehicle battery market in Asia.

Elon Musk is a business mogul and entrepreneur. He is the founder, CEO, and Chief Engineer of SpaceX; an early-stage investor, Tesla’s CEO, and Product Architect; the founder of The Boring Company; and a co-founder of Neuralink and OpenAI.

His Tesla company is the largest electric car manufacturer in the world that is based in Palo Alto, California. Tesla creates electric vehicles, battery energy storage from the home to the grid, solar panels and roof tiles, and other products and services. 

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App
OnePlus First-ever Tablet Launching in India Today ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King