Why Battery cost $50K? More like $10K + patent fees at most. You can see how batteries are made on some videos and most expensive part will be technology behin

Why Battery cost $50K? More like $10K + patent fees at most. You can see how batteries are made on some videos and most expensive part will be technology behind assembly. The high cost of Tesla cars is caused now because it is a new, unique product that needs huge amounts of live cash to fund the development etc. Its like with Apple where their phones could be priced 50% of what it is now, but there is a lot of money spent on marketing, future development and to build up cash reserves in case of market turmoil.