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Panasonic CEO on Tesla: It’s probably safe for everyone to not imitate Elon Musk

Tesla Gigafactory Nevada. (Credit: Tesla)

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During a recent event for young entrepreneurs, Panasonic CEO Kazuhiro Tsuga provided some details and insights about Tesla CEO Elon Musk. According to Tsuga, working with Musk has its challenges, but there is no denying that there is an underlying genius in the Tesla CEO’s vision.

The Panasonic CEO described Musk as a “genius who defies common sense and can be overly optimistic,” a statement that is quite accepted in the electric car community. Musk has personally admitted to his overly optimistic nature, which has resulted in the emergence of the term “Elon Time,” referring to potential delays in product and feature releases due to overly aggressive targets.

Yet despite this, Tsuga remarked it is this very nature that allows people like Musk to hold onto big visions. “I believe only geniuses can hold onto big visions, and a genius I know is Elon Musk,” the Panasonic CEO said, as noted in a Channel News Asia report.

Elaborating further, Tsuga stated that Musk’s tendency to be excessively optimistic allows the Tesla CEO to ignore what is inconvenient. This, in turn, allows him to run straight towards his vision. In Tesla’s case, this would be the company’s mission of accelerating the advent of sustainable energy. “Compared to that vision, most things don’t really matter,” the Panasonic CEO remarked.

Ultimately, Tsuga admitted that he could never imitate the Tesla CEO. He also emphasized that it’s probably not safe for everyone to try and imitate Elon Musk. “I can never imitate him,” Tsuga said.

The Panasonic CEO’s most recent remarks come amidst reports that the two companies are looking to expand the existing battery production lines in Gigafactory Nevada. This should allow the battery and powertrain facility to ramp its operations to meet the demand for vehicles like the Model Y, while possibly integrating Tesla’s next generation cells.

Despite a pervading narrative suggesting that the relationship between Tesla and Panasonic has gotten strained over the years, being a supplier for the electric car maker has proven to be a lucrative investment for the Japanese conglomerate. Panasonic posted a 29% drop in its annual operating profit last May — which is understandable due to the onset of the coronavirus — but a look into the company’s numbers shows that its business with Tesla was a silver lining.

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While Panasonic’s production over recent months was walloped hard by the pandemic, the company’s battery venture with Tesla at Gigafactory Nevada proved profitable from January to March 2020. These results suggest that despite Tesla opting to ink deals with other suppliers such as LG Chem and CATL for Gigafactory Shanghai’s vehicle production, the relationship between Panasonic and Tesla remains strong and stable.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Energy

Tesla launches Powerwall Lease for affordable home backup

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Credit: Tesla

Tesla Energy has introduced the Powerwall Lease in conjunction with Tesla Electric, making the service available in Texas. This new option delivers whole-home backup power using two Powerwall units for a net monthly cost of $35 after credits, accompanied by a low fixed electricity rate.

Under the lease terms, customers pay a one-time order fee of $100. The base lease payment for the two Powerwalls is approximately $122 per month during the first year, subject to a 3 percent annual escalator thereafter. Enrollment in a qualifying Tesla Electric Backup plan or Virtual Power Plant plan provides an $87 monthly credit.

This credit lowers the effective cost to roughly $35 per month plus applicable tax.

Installation of the standard system carries no additional charge. The package features Storm Watch for outage protection and allows complete management through a single Tesla application. The system supplies continuous whole-home backup capability.

The Powerwall system enables households to maintain electricity during severe storms that disrupt the utility grid. When outages occur, the batteries automatically provide seamless backup power to the home.

Tesla announces 100k Powerwalls are participating in Virtual Power Plants

Tesla Storm Watch monitors weather forecasts and ensures the units are fully charged ahead of anticipated severe weather events so that power remains available throughout the disruption, keeping lights, refrigeration, and other essential systems operating without interruption.

Availability is restricted to select Texas locations where retail electric choice exists. Participants must lease exactly two Powerwall units and maintain continuous enrollment with Tesla Electric. Solar panels cannot be included under this particular lease arrangement.

The monthly credit activates automatically once the system is installed, receives permission to operate, and enrollment is confirmed. To retain the credit, customers are required to stay enrolled in Tesla Electric and fulfill all program conditions.

Nonstandard installations that involve electrical upgrades or special permitting may lead to extra expenses and might impact eligibility for the credit, so be sure to check with either your installer or Tesla to ensure you will still qualify.

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Elon Musk teases Tesla Roadster unveiling once again

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tesla roadster
Credit: Tesla

Elon Musk continues to tease the unveiling event for the Tesla Roadster, a continuing trend that has grown into a bigger game of “When” for fans who have been waiting years for the car to finally enter production.

A video shared on X of the Joe Rogan Experience podcast that Musk appeared on last year, teasing the Roadster unveiling, was shared once again on the social media platform. The poster said the Roadster event will be “unforgettable.”

Musk agreed:

The timing is interesting because just yesterday, Musk said that we will be getting flying cars, and for years, Tesla has hinted that it could develop a SpaceX cold gas thruster package that would help the car float or fly for a short period of time.

It would be reasonable to assume Tesla’s major delays with this unveiling event are likely caused by the company’s need to break the rules and push the envelope on nearly everything. Last July, Lars Moravy, Tesla’s VP of Vehicle Engineering, said:

“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind blowing. We showed Elon some cool demos last week of the tech we’ve been working on and he got a little excited.”

The latest updates that Tesla has given us are that the Roadster is in design development, and it did have several potential dates for an unveiling event this year, including April. It was then pushed to August.

However, there are no clues as to when Tesla will be ready, and fans are certainly getting frustrated with the delays.

For what it is worth, Franz von Holzhausen told Jay Leno this week that the event would be “very soon.”

We sure hope.

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Lifestyle

Tesla’s driverless Cybercab just passed a big test with State Governor

Florida’s governor rode Tesla’s Cybercab at a closed test track and called the experience impressive.

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Florida Governor Ron DeSantis rode in a Tesla Cybercab on a closed test track this week and came away impressed, posting on X that the vehicle “successfully navigated all hazards — a kid running into the street, a crash with police stopping traffic, a Model S cutting us off, etc.” He called the ride “impressive.”

The stop was part of a broader event Monday at SunTrax, a 775 acre state owned proving ground in Auburndale that Florida built specifically to test autonomous and connected vehicles before they reach public roads. Standing next to a gold Cybercab, DeSantis described the car in plain terms: “You go in there and you just sit. You have a screen. There’s no steering wheel, no pedals. Clearly these things could be very beneficial.”

DeSantis paired the praise with a caveat that has followed autonomous vehicles since the category existed. “You don’t want to be in an autonomous vehicle and it drives you into a ditch. That would not be good,” he said, framing safety validation as the gate before wider deployment.

SunTrax, the 2.25 mile oval which the state calls the only high speed autonomous vehicle test track in the Southeast, can simulate rain, pedestrian crossings, hills and crowded urban conditions at highway speeds, letting companies push a car past what an early public rollout would risk. Tesla, Waymo and Beep all use the facility, and Florida’s regulatory approach, among the most permissive for autonomous vehicles in the country, doesn’t require a human operator inside a fully autonomous car.

Tesla has reason to want the blessing of Florida and states beyond, as the Cybercab entered volume production at Gigafactory Texas this spring and has since self certified as SAE Level 4 under Texas law. Public road testing so far has kept a safety monitor in the passenger seat, and Florida is where Tesla has been expanding its existing Model Y based Robotaxi service instead, adding Miami in July and then Orlando and Tampa two weeks later. A closed track endorsement from a sitting governor doesn’t change any of that, but it does put Tesla’s newest hardware in front of a state that has already shown it will move fast on rules.

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