Tom Randall for Bloomberg Technology on Tesla’s recent SolarCity acquisition:
Tesla isn’t just a car company looking to buy a solar company. It’s also a battery company that wants to link its two biggest markets: energy supply (solar) with energy demand (electric cars).
And later, citing BNEF estimates:
By 2020, Tesla is aiming to bring the cost of battery packs down to about $100 per kWh—from an industry average of $1,000 in 2010
Me thinks, if a single company can connect the dots – between clean energy production, storage, re-selling excess, and usage – it will be hugely successful.