Nikola Tesla's Dream Comes True: Beautiful Electric Tesla Model 3 Is Coming For As Low As $22k.
It is a very powerful video and the very inspirational words of Nikola Tesla are matched with the very dramatic visual story. Electric Cars are here, Tesla Model 3 will ignite the mass market for electric cars with GM Bolt this year. Orders will be taken already in March. In order to get Tesla Model 3 for $22k you have to be in the magic land called Colorado in the U.S. Maybe there are some other places on Earth not crippled by Big Oil?
We have first pictures for Tesla Model 3 now and mass market for electric cars is coming in the fast lane with GM Bolt and Tesla Model 3 driving the Lithium Technology Energy rEVolution right onto the streets near you.
My personal formula for the mass market for electric cars is 20/200. When you pay $20k for 200 miles range electric cars similar to BMW 2. It will literally kill ICE (Internal Combustion Engine) cars. The average price paid for the new car in U.S. was $23k last year. Will you pay for any ICE cars - if you can have more powerful electric one and run it so much cheaper or even almost free of charge like in the case with Tesla with Tesla Superchargers? We will not have even to consider any more any air pollution which is killing us all or call to the higher consciousness - economics will do the job. Disruption will happen very fast. People will buy what is better and cheaper - electric cars. Read more."
"We are entering into the new phase of The Next Industrial rEVolution, when electric cars will grow exponentially from the very low base of 0.8% of total sales in the world. Just in China alone 26 companies are now making 51 models of electric cars. China has become the largest lithium market in the world, moves to claim the largest lithium battery market next and will become the largest electric cars marker in the world this year. Lithium is the magic metal at the very heart of this Energy rEVolution."
Copyright Global Lithium LLC, used with permission.
Joe Lowry makes very interesting observations about the dynamic in our Lithium Universe. China is the largest Lithium Market in the world now. Security of Lithium Supply becomes the most important element of your business plan, when market is growing exponentially. It is all happening even before Tesla Gigafactory is coming online with other Lithium Megafactories to follow. My prediction about $15k MT LCE prices in China now suddenly does not look totally outrages any more!
Listen to that podcast, read the article about LG Chem and do your own research. Numerous companies are building Lithium Batteries facilities now in China: LG Chem, BYD, Boston Power (Ganfeng Lithium has 10% stake), Foxconn, Samsung, A123 - which will exceed even Tesla Gigafactory production capacity! 17 start ups only this year are trying to capitalise in lithium batteries market on the "War on Pollution" announced by China and state-level plan to build new strategic industry - Electric Cars. Read more."
Later, Gigafactory will allow Elon Musk to be more aggressive with pricing with the increased volume, but what will be Tesla's move now? GM Bolt is supplied by LG Chem with lithium batteries: it will be very interesting to know the price and whether LG Chem is going for the market share as well now by selling lithium batteries below cost. I have never heard that LG Chem is working on the next stage of Lithium Solid State Batteries, can somebody help me here, please?
Lithium Solid State Batteries can be the largest secret around Gigafactory and Tesla Model 3 future. If Elon Musk is really working on it now and will be able to commercialise it - we can talk about $100/kWh lithium battery cost, when 50 kWh lithium battery for Tesla Model 3 will be costing only $5k and will provide at least 200 miles range! Read more."
"The Salt Lake Tribune gives us today a very good summary of what we already know about Tesla Model 3 and I will provide a few links to show why this Lithium Race to mass market for electric cars is picking up speed and we have reached the point of no return. Lithium is the magic metal at the very heart of this Energy rEVolution and cheap lithium batteries change everything. Read more."
"The price is right. The base model will cost $35,000, reportedly before government incentives, which in the United States range from $7,500 to more than $13,000, depending on the state."