MNS 0.00% 4.2¢ magnis energy technologies ltd

rather than too hard, I would say that Elon did not have the...

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    rather than too hard, I would say that Elon did not have the capacity to start battery development from scratch so he got a reliable partner

    having said that, the scale of the gigafactory has revolutionized the industry so in the next 3-5 years, solar plus battery will be the norm for every new home in Australia as it will be affordable

    In the next 12 months, battery prices would have fallen 10-20%.......imagine trying to get funding for a sub-scale battery plant when margins are razor thin and prices are expected to fall by ~15%pa over the next 5 years
 
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