Energy Quote of the Day: Tesla Bets ‘Future of Company’ on Massive Battery Plant
Breaking Energy 2014-02-24
Summary:
Electric car maker Tesla Motors seeks to release a mass market vehicle in the next 3 years, but first has to cut the cost of its batteries in half. It plans to do this by building economies of scale with a massive lithium-ion battery factory that could cost anywhere from $2 billion to $10 billion