When Mr. Musk was asked by the Australian entrepreneur (and fellow billionaire) Mike Cannon-Brookes “how serious” he was about his offer, the American mogul doubled down. Photo“Tesla will get the system installed and working 100 days from contract signature or it is free,” Mr. Musk tweeted. But in September, Mr. Musk arrived in Adelaide to announce the $50 million deal and to start the 100-day countdown to the project’s completion. In March, when Mr. Musk first presented his proposal, Prime Minister Malcolm Turnbull spoke with the entrepreneur and tweeted enthusiastically about its potential. “It will be a very important and high-profile demonstration in the role that batteries can play.”But some experts said the stakes would be even higher for Mr. Musk.

Source: New York Times November 30, 2017 16:52 UTC