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aquarain t1_j61x4t4 wrote

Tesla will be an energy company that makes cars as a hobby.

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TheSnoz t1_j62hfim wrote

Even if the car side of things fails, they could reposition themselves a battery company for other car makers. Get buyers asking "Are the batteries Teslas?"

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greenfuelunits OP t1_j5yxjsf wrote

500 GWH is almost 20 times the world production of lithium ion batteries in 2014.

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Ancient_Persimmon t1_j607brm wrote

It's also about 5x the total capacity of batteries they shipped last year. So quite a step, considering they have other battery factories and buy from external suppliers as well.

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Toasted_Waffle99 t1_j62a8w7 wrote

What’s the recycling plan?

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BlueSwordM t1_j62eu7e wrote

They're already doing a lot of recycling internally, so that isn't much of an issue.

With current vehicle cell cycle life, large quantities of battery packs won't hit facilities for another 15-30 years.

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DonQuixBalls t1_j62yxdn wrote

EV battery recycling already exists. It won't get big until car batteries are being retired on a large scale.

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DBDude t1_j5z26io wrote

Everybody in the world is fighting over battery supply to ramp up EV production, and Tesla is making sure they don't have to fight like the rest. It's a good long-term strategy. Even if their sales went below their battery production in the future, then they just become a battery supplier for the others.

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