Today is Tesla’s AGM and… (heraldic trumpets sound)… it is expected to announce a million mile battery.
Why is that a big deal?
The battery is the most expensive component of an Electric Vehicle (EV).
Analysts who study this marketplace predict that a cheaper, longer lasting battery places the EV ahead of gasoline fueled vehicles in:
- Cost outright
- Cost per energy output during use
- No emissions
More demand and investment opportunities in the elements required for these batteries.
Move viability to reclaiming and recycling batteries.
More signs of Elon’s vision in action.
