Musk bets against Australian billionaire: 100MWh Tesla Powerpack in 100 days

South Australia suffered a state-wide power blackout October, and the country's Prime Minister Malcolm Turnball has declared a national energy emergency due to frequent outages in several regions due to a shortfall in power and unstable grid.

Australian billionaire Michael Cannon-Brookes, the co-founder of Atlassian, made a decision to contact Musk and Rive to enquire how serious the offer was.

Musk has said that Tesla will install and bring online as much as 100 megawatt hours of energy storage capacity within 100 days of the contract being signed. You can see their replies in the tweet embedded below, and we think that their negotiations are serious. The manufacturer of electric cars and batteries offered to provide 100 megawatts per hour of battery storage at a cost of 25 million dollars.

South Australia Greens Senator Sarah Hanson-Young tweeted back: "Let's talk".

The exchange comes after Lyndon Rive, Tesla's vice-president for energy products vowed increased production at Tesla's Gigafactory in Nevada would enable the firm to build an Australian farm within 100-days. Since the state is employing these sustainable methods to power its energy grids, thus, it had to face power cuts and blackouts during recent heatwaves.

Tesla's work in renewable energy was in the news earlier this week, too, with the completion of a solar farm on the Hawaiian island of Kauai.

The story of two tech entrepreneurs looking to do in days what government has failed to achieve in years has since been reported around the world.

Mr Cannon-Brookes confirmed he was dead serious about his offer to Mr Musk, and said his team had spent Thursday afternoon investigating the proposal.

SA Premier Jay Weatherill is believed to be in discussions with Tesla and Atlassian regarding possible solutions to power issues in the state.

South Australia has a high level of energy dependency on an interconnector to Victoria's supply.

Elon Musk has just set down a challenge - the sort that only Musk can muster. The company merged with Tesla, the vehicle company which Musk is the CEO of.

  • Wendy Palmer