January 29, 2018
First it was ‘Boring’ baseball caps, now Tesla founder is selling flamethrowers – ‘to liven up a party’
Elon Musk sells $3.5m worth of flamethrowers in a day
Elon Musk, the multi-billionaire founder of electric car company Tesla and tunnelling company Boring, has sold $3.5m (£2.5m) worth of “boring” flamethrowers in less than 24 hours.
The maverick businessman, who last week secured a pay deal that could see him collect $55bn, had pledged that if The Boring Company sold 50,000 baseball caps at $20 each he would start selling flamethrowers.
The caps sold out, and Musk started selling $500 flamethrowers on Sunday, tweeting: “Guaranteed to liven up any party!”

In a video post on Instagram, Musk said “don’t do this” and then proceeded to run towards the camera with the flamethrower alight. “Also, I want to be clear that a flamethrower is a super terrible idea. Definitely don’t buy one. Unless you like fun.”

Within hours, customers had placed orders for 7,000 flamethrowers, which at $500 each works out at $3.5m. The company had 20,000 in stock.
Musk joked on Twitter that rumours that he was “secretly creating a zombie apocalypse to generate demand for flamethrowers [were] completely false”.

Within hours, customers had placed orders for 7,000 flamethrowers, which at $500 each works out at $3.5m. The company had 20,000 in stock.
Musk joked on Twitter that rumours that he was “secretly creating a zombie apocalypse to generate demand for flamethrowers [were] completely false”.
“Buy an overpriced Boring Company fire extinguisher! You can definitely buy one for less elsewhere, but this one comes with a cool sticker and the button is conveniently riiight above,” the website said.
Musk set up the Boring Company a year ago after getting stuck in a traffic jam and tweeting: “Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging ...”
The company’s website states it plans to connect cities with underground tunnels and superfast electric “skates” that can carry cars and people. The company is planning to construct a tunnel parallel to Los Angeles’s congested I-405 – conveniently also speeding Elon Musk’s personal commute from his home in Bel Air to Hawthorne, California.
Elon Musk sells $3.5m worth of flamethrowers in a day

Business
Global Vehicle to Grid Market 10 Year Forecast Report 2024-2034 - Supportive Government Regulations and Financial Incentives for V2G Deployment
DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vehicle to Grid (V2G) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering. World revenue for Vehicle-to-Grid (V2G) Market is forecast to surpass US$ 4.31 billion in 2024, with strong revenue growth through to 2034. Escalating Demand for Electricity, Coupled With a Global Commitment to Reduce Reliance on Fossil Fuels, Resulting in a Surge in the Adoption of Electric VehiclesThe vehicle-to-grid (V2G) market is witnessing unprecedented growth driven by a confluence of factors shaping the future of sustainable transportation and power management. Key drivers include the escalating demand for electricity, coupled with a global commitment to reduce reliance on fossil fuels, resulting in a surge in the adoption of electric vehicles (EVs). This market is characterized by opportunities that lie in the integration of renewable energy sources, such as solar and wind, to meet energy demands, while also addressing challenges associated with the variable nature of these sources.The primary driver for the V2G market is the escalating demand for electricity worldwide. Governments and industries are increasingly recognizing the need for sustainable and low-emission solutions, driving the widespread adoption of EVs. The electrification of the transportation sector not only addresses environmental concerns but also provides a unique opportunity for EVs to serve as mobile energy storage units. This bidirectional flow of power, where EVs can both draw and supply energy to the grid, is a key driver propelling the V2G market forward.Opportunities in the V2G market are abundant, particularly in the integration of renewable energy sources. As countries strive to meet ambitious renewable energy targets, V2G technology becomes an enabler for managing the intermittent nature of solar and wind power. This creates opportunities for smart grid solutions and advanced energy storage systems. Additionally, the idle times of parked EVs present an untapped opportunity for bidirectional ...Full story available on Benzinga.com
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