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The point behind Gigafactory1 and any subsequent gargantuan battery plants it's to drive the cost of all Tesla batteries down. Decreased cost per unit is increa
by RandomNameName 8y ago
The point behind Gigafactory1 and any subsequent gargantuan battery plants it's to drive the cost of all Tesla batteries down. Decreased cost per unit is increased margin. The reason Elon is pushing, pushing, pushing is because the longer he has the (diminishing) lowest cost of batteries, he's ahead of everyone else. People thought he was of his rocker when he bought Solar City; it's all one giant play to have the cheapest cost per battery.
Sidenote, commercial and utility battery backup like this have been sold for over 10 years. Unless you were a hotel in Vegas, you probably weren't noticing. Did they sell many, dunno, but they've been working at every distribution for a long time.