Daikin casts wary eye on a Tesla foray into air conditioners

Musk looks to bring innovative heat pump tech to home HVAC systems

20201119N Tesla

Tesla has set its eyes on a new field: energy-efficient air conditioners. © Reuters

KOSUKE TOSHI, Nikkei staff writer

OSAKA -- Elon Musk, the Tesla founder with ventures ranging from space travel to tunnel construction, has now set home air conditioning in his sights, worrying existing players like Daikin Industries that could see their industry disrupted.

"That's a pet project that I'd love to get going on," possibly to "start working on that next year," Musk told Tesla investors at an event in late September.

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