On Fri, May 9, 2014 at 9:58 AM, Jones Beene <[email protected]> wrote: > No one could figure out exactly why Tesla needed a billion dollar battery > plant which was 10 times too large for projected production. Answer: they > will sell the excess to home owners (or Utilities or Solar installers) for > load leveling and for solar storage... not to mention: use the leverage of > plant location to get some silly laws off the books in places like Texas.
http://www.csmonitor.com/Business/In-Gear/2014/0508/Tesla-TSLA-will-break-ground-on-battery-factory-next-month.-But-where As of yesterday, the plant's location is a carefully guarded secret. And their stock price is a real puzzler. Today it's trading in the $180 range, down from $250 just weeks ago. It's a day trader's dream or nightmare with $10 - $20 swings daily. I can see how load leveling batteries can be cost effective by reducing the need for extra generating plants; but, PV systems in my area are not cost effective for the consumer even without the expense of batteries. But, we pay about $0.10 per kWhr. And what if a bettery displaces LiON? Musk is a brave man. Meanwhile Musk has gotten access to the Apollo launch pads for his SpaceX venture and is going after the MIC's monopoly on government launches. The Desolation of Smaug.

