GeneralKnowledge
Well-Known Member
Okay One question, storage related. Any thoughts on the Tesla battery concept?
I'll call it neat.
Since there are relatively few exciting prospects for game changing developments in the energy storage field in the near term future, Elon Musk has decided to focus his company's efforts on mass producing current technology in an effort to drive down costs. In Steve Jobs fashion, he is putting existing tech in a beautiful package, both in cars and battery storage in order to get people to pay attention.
That said if you live in a place with time of day electric rates, you can save a bundle with the battery storage system by buying during off peak times and saving it to use when the price goes up at different times of day. The savings could be quite dramatic for businesses. That will be one big market for these. If they can make it an affordable way to compensate for demand spikes on a large scale, utility companies will buy as well, but again this isn't dramatically new tech so I have tempered expectations for that.
As for their cars, I think theyre great. If I was in the market for a $100,000 car and I owned 2 cars I would buy one in a heartbeat. I look forward to seeing their more budget friendly options.