Tesla Expands Its Australian Megabattery Empire

Two years ago, Tesla (NASDAQ: TSLA) did the (seemingly) impossible.

CEO Elon Musk made a personal promise to Australian billionaire Mike Cannon-Brookes to complete a 100-megawatt (129 megawatt-hour) superbattery in just 100 days -- or Tesla would do the work for free. Then he did exactly that.

As a result, for the past two years, South Australia has benefited from the "Tesla Big Battery" (TBB).

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Source Fool.com