Category: Energy

Tesla’s German Gigafactory

Elon Musk breaks out in a dance at the opening of Tesla Gigafactory in Germany. After five and a half billion dollars to build, the factory is up and running with the expectation it will produce around 2000 units in its first few weeks of operation. With the goal of 500,000 units annually in order… Continue reading Tesla’s German Gigafactory

Could oil hit $300 a barrel?

Russia’s former Minister of Energy reportedly said on Monday “In the event of a (Russian oil) rejection, the oil price would hit $300 (per barrel)”. The remarks were made as there is growing support for an EU ban on oil Imports out of Russia. It is said that Novak is attempting to deter new sanctions… Continue reading Could oil hit $300 a barrel?

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