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EDT Elon Musk thinks Tesla can help solve Australias energy woes CEO touts energy-storage batteries as solution to blackouts By Robb M. Stewart Bloomberg News Elon Musk, co-founder and chief executive officer of Tesla Inc. MELBOURNE, Australia Tesla Inc.s Elon Musk has set his sights on Australia, betting his companys battery technology can help solve the countrys energy problems and save it from a repeat of the blackouts that struck households and businesses in the south for several days last year. In a series of Twitter exchanges from his official account in recent days, the Tesla (NASDAQ:TSLA) founder offered the companys energy-storage technology and said he had spoken to lawmakers including Prime Minister Malcolm Turnbull. After a telephone conversation Sunday, in which Musk and Turnbull agreed to remain in touch, the prime ministers office said they had discussed the value of storage and the future of the electricity system. South Australia was hit by a statewide blackout in September after a storm knocked out the transmission system. That led to criticism from Turnbull and his right-of-center government about the rapid adoption of renewable energy and a turn away from the coal-fired and natural-gas power plants that supply much of Australias electricity. Energy storage is a small but budding business for Tesla, which makes the bulk of its revenue from selling electric cars. Click to Play Here's what it's like to be a VIP sports fan The global sports industry is worth roughly $150 billion in revenue, but the competition for consumers' time and money is fierce. doctor home loan rate Oak Laurel 0430129662 So sports organizations are offering new exclusive experiences that can add up to thousands of dollars per ticket.