New Model S Features / Tesla’s Straubel Keeps Motors Rolling as Stock Surges 57%
[Bloomberg] May 14 2013 04:01Z
Link: http://www.bloomberg.com/news/2013-...keeps-motors-rolling-as-stock-surges-57-.html
Elon Musk was fresh off the sale of PayPal and starting another business, commercial rocket service Space Exploration Technologies Corp., when he met kindred spirit JB Straubel. Their shared belief that consumer electronics advances could be applied to more earthly modes of transport is a cornerstone of Tesla Motors Inc. (TSLA)
Straubel’s first company, Volacom Inc., designed unmanned electric aircraft. He sold the assets to Boeing Co. and was working with it in late 2003 when he attended a Stanford University speech by Musk on his startup SpaceX. Then, over lunch in Los Angeles, the two moved from ideas on aerospace to electric vehicles.
“The whole thing really grew out of an idea of how to leverage commercial advances that were happening in lithium-ion batteries,” Straubel, 37, said in an interview this month. “That was the premise Elon and I discussed over that first lunch: that batteries have come much further than anyone expects, certainly than the auto industry expects.”
While the two have very different personalities -- Straubel is a soft-spoken, publicity-shy engineer, while Musk is famously voluble and frenetic -- they quickly found a shared passion for the idea that lithium-ion battery cells used in consumer electronics could be rigged up to power a car. His work on the company’s powertrain has......
[Continue on http://www.bloomberg.com/news/2013-...keeps-motors-rolling-as-stock-surges-57-.html]
[Bloomberg] May 14 2013 04:01Z
Link: http://www.bloomberg.com/news/2013-...keeps-motors-rolling-as-stock-surges-57-.html
Elon Musk was fresh off the sale of PayPal and starting another business, commercial rocket service Space Exploration Technologies Corp., when he met kindred spirit JB Straubel. Their shared belief that consumer electronics advances could be applied to more earthly modes of transport is a cornerstone of Tesla Motors Inc. (TSLA)
Straubel’s first company, Volacom Inc., designed unmanned electric aircraft. He sold the assets to Boeing Co. and was working with it in late 2003 when he attended a Stanford University speech by Musk on his startup SpaceX. Then, over lunch in Los Angeles, the two moved from ideas on aerospace to electric vehicles.
“The whole thing really grew out of an idea of how to leverage commercial advances that were happening in lithium-ion batteries,” Straubel, 37, said in an interview this month. “That was the premise Elon and I discussed over that first lunch: that batteries have come much further than anyone expects, certainly than the auto industry expects.”
While the two have very different personalities -- Straubel is a soft-spoken, publicity-shy engineer, while Musk is famously voluble and frenetic -- they quickly found a shared passion for the idea that lithium-ion battery cells used in consumer electronics could be rigged up to power a car. His work on the company’s powertrain has......
[Continue on http://www.bloomberg.com/news/2013-...keeps-motors-rolling-as-stock-surges-57-.html]