Tesla now owns its identity in China after paying an undisclosed amount that guy in the Tesla golf cart, for two Web domains. Separately, Chinese authorities forced him to abandon his product trademarks. For what product, you ask? For his alleged electric supercar that he was totally just about to release any day. Sometimes Google Translate butchers headlines in an oddly appropriate manner. Scroll down.
Meanwhile, Tesla is going to put a serious hurt on electric power companies when it supplies energy storage via Gigafactory batteries. That’s been said before, but not in this much detail. As folks move off the grid with a solar/battery combo, the folks remaining on the grid will pay through the nose, making them more eager to get off. See the doomsday scenario here? Morgan Stanley does.