Business

The US Supreme Court could ruin Elon Musk’s plan for Tesla

 

businessinsider.com – Seth Blumstack, The Conversation

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On April 30, Tesla’s Elon Musk took the stage in California to introduce the company’s Powerwall battery energy-storage system, which he hopes will revolutionize the dormant market for household and utility-scale batteries.

A few days later, the US Supreme Court announced that it would hear a case during its fall term that could determine whether Tesla’s technology gamble succeeds or fails. Justices will hear arguments October 14 to address questions having to do with federal jurisdiction over the fast-changing electricity business.

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Categories: Business

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