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Seems like cheap high performance batteries will make or break Tesla. Musk is underwriting the resale value of the model S and planning a move towards the volum
by johngalt 13y ago
Seems like cheap high performance batteries will make or break Tesla. Musk is underwriting the resale value of the model S and planning a move towards the volume market. Both depend on a cheap battery.
I am certainly no expert on batteries, but I'd bet that Musk is correct. Now that we are seeing EVs selling 10k/year it makes sense that economies of scale would start reducing costs. Additionally the smartphone/tablet industries are also driving battery production.