I believe this has gone somewhat unnoticed, unless I've overlooked some recent posts.. But this caught my attention and I thought it's worth hearing your comments.
https://techcrunch.com/2021/05/04/tesla-taps-tiny-startups-tech-to-build-cheaper-cleaner-batteries/
https://electrek.co/2021/05/04/tesla-snaps-up-battery-patent-startup-acquisition/
Is this Tesla's alternative to Novonix? It pretty much aligns with the benefits we would pitch. My thoughts are:
- I wouldn't be surprised, because Tesla has always emphasised their vertical integration, i.e. everything inhouse. Therefore unlike many others, I never expected Tesla to be our customer.
- If Tesla is not keen to work with us, but goes out of the way to find a patented solution that achieves similar results, I see this as a confirmation of how important our technology, research and production are. We were probably too big and our board too strong to be simply swallowed by Tesla, but I believe if Tesla sets the new norm and we can compete, everyone else who can't afford a vertical integration will be knocking on our door rather than Tesla's.
What are your thoughts?
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