When Tesla CEO, Musk , appeared at the Tesla investment seminar last week , Elon Musk asked Musk how he can be sure that Tesla ’s battery work will not be made obsolete by another industry player. He explains how, as a young man, he identified the five tech areas that would have the greatest impact on mankind’s future, and set out to make his mark. Musk replied this is not a concern, as he is monitoring the industry closely: “I think we have quite a good understanding of all the battery technologies in the world. There could be some small laboratory that’s being super-secret, but generally what people inventing battery technologies try to do is, they approach Tesla first and foremost, because we’re the biggest lithium-ion consumer in the world. We’d be their biggest customer …We track right now about 60 different efforts around the world to develop and improve batteries, and some of them hold some long-term promise, but we rate all of them from 1 to 5 , where 5 is ‘we should be doing business with them,’ and 1 is complete B.S.” He went on to point out that there are no about 60 ’s or 5 ’s at this point.
When Tesla CEO, Musk , appeared at the Tesla investment seminar last week , Elon Musk asked Musk how he can be sure that Tesla ’s battery work will not be made obsolete by another industry player. Musk replied this is not a concern, as he is monitoring the industry closely: “I think we have quite a good understanding of all the battery technologies in the world. There could be some small laboratory that’s being super-secret, but generally what people inventing battery technologies try to do is, they approach Tesla first and foremost, because we’re the biggest lithium-ion consumer in the world. We’d be their biggest customer…We track right now about 60 different efforts around the world to develop and improve batteries, and some of them hold some long-term promise, but we rate all of them from 1 to 5 , where 5 is ‘we should be doing business with them,’ and 1 is complete B.S.” He went on to point out that there are no about 60 ’s or 5 ’s at this point.