5 ms·
The batteries used for cars are different to the batteries used for power banks. Tesla is selling internally to themselves, and already has production set up f
by manicdee 10y ago
The batteries used for cars are different to the batteries used for power banks.
Tesla is selling internally to themselves, and already has production set up for batteries for stationary power.
The best outcome is for demand to ramp up, keeping prices high long enough to fund the rest of the construction of the gigafactory.
No praying required.
- semi-extrinsic 10y agoMusk has stated publically that they're betting the company on the battery price coming down for the Model 3 to be profitable. That's why they're building the Gigafactory, to reach $100/kWh. If suddenly power companies start buying lots of batteries, and prices stabilise at or above today's levels, it would mean (by implication) that the Model 3 won't be profitable (at least initially). Sure car batteries and power banks are different, but they're all Li-ion and I believe Tesla (unlike others) is packing 18650's in both.
- Hondor 10y agoIf prices don't come down, especially due to higher demand, and the car isn't profitable then the battery factory will be instead. Sounds like they win either way.
- Phlarp 10y agoIf this really ends up being the case they can just slow the model 3 deliveries to a trickle-- All those pre-orders are really just an interest free loan with fungible time tables on actual delivery, and the "financing terms" only get better for Tesla the longer they kick the can down the road. (What is the net present value of $1000 in 2020? 2025?)
- jsight 10y ago18650 is a packaging size. The internals can vary.