[stephbu]

Doesn't matter if you like or dislike the T-word or EM-himself. Fact is they have built one hell of an experienced/industrialized muscle in this field. That experience is priceless right now - Ford, VW, GM etc. don't just need to run-as-fast, they need to run faster. All the while not repeating the mistakes that others were allowed to make when there were less optics on the problem. This technology change is going to be a capital-intensive, painful experience for the incumbents.

[toomuchtodo]

Incumbents thought they were going to be bin assemblers as they’ve always been, not an engineering first org with cutting edge battery technology experience. Oops. Can’t MBA way your way to the lead, physics cannot be fooled. I hope they catch up, the space needs robust competition.

This is also why Tesla is building and selling 40GWh/year of stationary storage from their Lathrop Megapack manufacturing facility; their battery management systems are proven under the harshest conditions vehicles see. Utility storage demands are comparatively benign compared to high end powertrain duty cycles in top trims.