batteries

“Or is it because batteries are still 200 dollars per kilowatt hour? And that's not cost competitive with gasoline, which incidentally is also a big reason why Tesla is still losing money.”

“We design our batteries to be replaced every 3000 cycles, which given our utilization is about every 3000 hours. So that could be. Two years, three years, four years, depending on how you're going to use the airplane.”

“Increasingly as batteries enter the grid, which as you've noted from the chart, it's not that significant penetration yet. It will start to be able to cycle over sort of a daily timeframe. So, as I mentioned earlier, taking energy from the middle of the day an…”

“Now, the problem with batteries is they can't solve these sort of longer duration spells. So I mentioned this case where if your grid has a huge wind component, it might be not windy for weeks. Unlikely, but it's possible. Batteries are not very good at storin…”

“Lithium, you know, needs to four X in the next, in terms of production capacity in the next 10 years, roughly, in order for the, ah, batteries that we want to build to be built.”