Will Tesla disrupt the electric utility industry?
Tesla’s quest to disrupt a trillion $ car industry offers an adjacent opportunity to disrupt a trillion $ electric utility industry. If it can be a leader in commercializing battery packs, investors may never look at Tesla the same way again.
Tesla is expected this week to announce plans to build a new battery factory along with partners that will be able to take raw materials in on one side and produce batteries out the other side, lowering the cost of battery cells. Mr. Jonas thinks that the cell production has the potential to have Tesla become a major competitor in the electrical grid storage business.
read more on ‘SmartPlanet’ blog http://www.smartplanet.com/blog/bulletin/will-tesla-disrupt-the-electric-utility-industry/