tex
Well-Known Member
Looking out a couple years , watch price action at Telsa going into October. Watch LG (ford battery supplier via Poland) and SK Innovation (Korean company that is losing patent/technology stealing legal battle with LG and has two huge battery plants under construction in Georgia). If LG resolves issue in October this year by 2022 there will be major battery suppliers in US putting pressure on battery prices. Tesla's path has been to own their own, but Ford can let market competition lower their battery prices. SK has said they intend to supply Ford and VW. Tesla may have made a big longer term mistake in going vertical producing their own batteries.
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