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re: SpaceX, Tesla & Solar City: Elon Musk's companies and their unique relationships
Posted on 5/10/16 at 3:13 pm to Lou Pai
Posted on 5/10/16 at 3:13 pm to Lou Pai
From what I've read the issue with his Gigafactory isn't its construction or completion. It's raw materials. I think I read while I fell down the research wormhole on Elon that he's stated that if Gigafactory hits its trajectory he's predicted, it would become the world's number one buyer of Lithium.
If you look at the prices of Lithium, it's already been on an upward trajectory. The Gigafactory has the potential-if it even comes close to what he's saying it'll have to do-to spike the cost of raw materials for the batteries.
But again, I think most are missing the point that Tesla and Solar City are in position to be floated-for YEARS-by the profitability of SpaceX. That company is poised to become a veritable private sector NASA. Soon.
Very soon.
If you look at the prices of Lithium, it's already been on an upward trajectory. The Gigafactory has the potential-if it even comes close to what he's saying it'll have to do-to spike the cost of raw materials for the batteries.
But again, I think most are missing the point that Tesla and Solar City are in position to be floated-for YEARS-by the profitability of SpaceX. That company is poised to become a veritable private sector NASA. Soon.
Very soon.
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