I hope Elon Musk makes lots of money

There are only a few billionaires out there whom I believe is a blessing to this world. Among them is Elon Musk. I have followed news on this relatively young self-made billionaire since 2004 when he ploughed the millions he made from pioneering credit card use on the internet through Paypal into making an electric sports car–the Tesla Roadster. His goal with the Roadster was to prove to people that electric cars can be comparable if not better in performance with any gas powered super cars. This came from his vision of a greener planet that he believes can only be achieved by weaning the world from fossil fuels. GO ELECTRIC! I've been following in Elon's progress with much anticipation as his company that many of the giant car manufacturers simply scoffed at since then.

The very fact that Teslamotors continues till this day despite its financial challenges is because of Elon's commitment to promote fully electric cars. Now we have the Tesla Model S sedans. It still is out of the reach to the masses, expensive, but I think Elon's persistence is going to pay-off. He is now looking to make the most expensive component of electric cars, their battery, cheaper–how? By supplying the electric grid with Tesla's patented battery technology so optimum energy production from solar and wind generators can be achieved.

When it comes to unpredictable energy supply from solar and wind the missing link is storage. If excess energy that is produced during optimum weather conditions can be stored effectively–like a long sunny day or very windy days–this can make up for days when the weather bums out. The more companies subscribe to these batteries, the more their production and the cheaper the cost per unit. If this theory takes off, which is plausible since Tesla has the best battery efficiency technology thanks to its pioneering foray from its heyday making the Roadster, Tesla cars will get cheaper.

Check out Tesla Model S design and specs - 10min video by Open Throttle

We could be on the brink of a green revolution–a revolution we desperately need since the last energy revolution, the industrial revolution. Elon Musk has proven his persistence in all the endeavours he has touched, he is a billionaire and most importantly he is NOT a politician, nor beholden to mega businesses spun off from the industrial revolution. If there is a prayer for the future of our planet that is worthwhile it would be that Elon Musk succeeds in his plans and continues to generate billions more for his company, even if he is smug and enjoys the spotlight. We need more super rich and farsighted visionaries like Elon Musk to secure a sustainable future for generations to come.

This post was inspired by Elon's latest announcement on the plans for Teslamotor's Gigafactory. Read the post on Bloomberg here. Check out the Gigafactory here. Check out Teslamotors.