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Remember, Tesla is more than a car company. They are an energy company and are actively growing their battery manufacturing capability. Why is that important t
by gwbas1c 6y ago
Remember, Tesla is more than a car company. They are an energy company and are actively growing their battery manufacturing capability.
Why is that important to remember? With initiatives in the US like the Green New Deal and other various green energy pushes; there will be a huge demand for grid-connected batteries. Edit: They (Tesla) has a massively profitable grid-connected battery in Australia that's paired with wind generation.
IMO, Tesla's high price is a gamble that American politics will create a large demand for batteries. But, I wouldn't call it a bubble.