It is back to school time. It is back to school indeed: consider a course at Tekedia Institute for your personal and professional development. Go here and pick a course  (Tekedia Mini-MBA, Advanced Diploma, Certificate, Practice, etc) https://school.tekedia.com/courses/all/ . Early bird registration with many benefits ending this week for many programs. @MakeThingsHappen

This is the video recording of my interview this morning on the Nigerian Television Authority (NTA). It was on “African Economic Agenda”. I spoke live for 60 minutes.

It is live…. The Nigerian Television Authority (NTA) is hosting Ndubuisi Ekekwe in 6 minutes to discuss the economic agenda of Nigeria and Africa. Go to DSTV 369, StarTimes 104, GOtv 114, NTA 2, etc at 11am WAT.

When I tell people to stop looking always to London, New York, Paris, Tokyo, etc but look inwards because most of the things we need are in the continent, many think it is just a good talk.  I am happy to report that in the next edition of Tekedia Mini-MBA which begins Sept 13, Sierra Leone will deliver the highest number of members.

We have a 10,000 learners’ partnership with that amazing nation. To DAVID MEEK JAH and the whole team, well done. I cannot wait to visit Bintumani (my picture below), my favorite place in Freetown.

We educate on the tenet of entrepreneurial capitalism on the nativity of African business philosophy of unbridled pragmatism. Visit our school today and begin a journey on your leadership ascent.

Imagine if Elon Musk lives in Nigeria. According to Texas Monthly, Tesla is starting a new subsidiary called Tesla Energy Ventures to sell power drawn from a working grid or pulled from Tesla customers’ home batteries whenever the grid malfunctions. A few months ago, the Texas power grid system malfunctioned; innovators like Elon Musk are seeing opportunities to fix the hole and capture value.

The implication is that some citizens will make money by selling their excess power to the grid. These customers  use solar to power their homes; Tesla provides the technologies and products.

 Besides, the company is ramping up massive utility-scale batteries as it continues to transform SolarCity which it absorbed  many months ago. Many expect Tesla to become one of the leading quasi electricity utilities in coming years, considering its capabilities on battery technologies. 

Tesla, which markets itself as a premium brand, isn’t expected to be among the bargain-basement retailers fighting to sign up customers by running interstate billboards offering free power on nights and weekends. Tesla could sell kilowatts that are either drawn from the grid—when it is working—or pulled from Tesla-made home batteries when the grid goes down. Importantly, Tesla could also let individual Texans with solar panels earn money by sharing their excess power with the grid. That’s something that, today, only large commercial customers can do easily.

[…]

People aware of Tesla’s strategy tell me the company had hoped to enter the state’s deregulated power market earlier. Then came the widespread blackouts due to February’s winter storms, which ripped through the power markets like an EF5 tornado, leaving over a hundred dead and the state on the hook for more than $10 billion in costs that providers such as Brazos Electric Power Cooperative couldn’t pay.

This is part of the reason why valuing this company as a car company misses the point.