The cold logic behind Elon Musk’s $5 billion gigafactory gamble - Quartz
▻http://qz.com/214093/tesla-elon-musk-5-billion-gigafactory-gamble
#Elon_Musk is placing an enormous bet on the world’s largest lithium-ion battery plant—a $5 billion, 10 million-square-foot (930,000 sq m) “#gigafactory” that would make enough battery packs to power 500,000 electric cars a year. That is four times the number of electric cars of any brand bought around the world last year, and a whopping 21 times #Tesla’s own 2013 sales. In addition to betting on this monumental sales boost, Musk is hoping an inventive rival won’t eclipse his battery technology and render the gigafactory instantly obsolete.
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