> I would add to that that it is likely that wider availability of cheaper batteries is going to create new use cases as well. So their demand projection might

> I would add to that that it is likely that wider availability of cheaper batteries is going to create new use cases as well. So their demand projection might be off. If prices drop low enough, a lot of household equipment might start coming with batteries, for example. The cure for high prices is high prices! Also I love your thought on how much energy we're distributing around in all these mostly-charged batteries. It would have been unthinkable not all that long ago to have this much energy stored at "the edges" in an extremely accessible form.