In mid-2019, Nextbigfuture predicted that 2020 would be year that Tesla would begin dominating the world with dry battery technology. Gali at Hyperchange is predicting that the major announcement from the September 22, 2020 Tesla battery day will be the reveal of a new dry battery factory.
He predicts the initial new dry batteries will go into a new Tesla Model S.
The main benefit will be an eventual massive ramp in battery production combined with steadily lowering costs and steadily increasing energy density.
The Maxwell battery production is supposed to be 16 times better than regular battery production. Tesla is already ramping up production by 50% each year. If Tesla increases this to double or triple for the next five years, then Tesla will have car domination at 15-20 million cars per year and batteries for an equally large battery storage business and abundant batteries for millions of SEMI trucks.
Elon has also discussed improving factories to be 10 to 100 times more productive. Tesla and SpaceX are showing significant improvements in factory production. Major achievable breakthroughs in batteries OR factories OR self-driving for Tesla would boost the company by ten to twenty times. It is more likely that the breakthroughs will be partial in each area and take a few years to fully realize. However, multiple doubles or acceleration of improvement in each key area can combine to boost production and profitability.
Tesla with 10X batteries, 10X factories and self-driving will win in mobility and energy and other technology categories.
No other company involved in any kind of manufacturing or products is even trying to achieve the radical improvements that Tesla is targeting. There are some others working on self-driving but those companies are not working on battery or factory breakthroughs.
Tesla completed the purchase of Maxwell Technologies which will give Tesla higher energy density batteries, lower costs for batteries, double battery life and will allow battery factories to have 16 times the production in the same space.
Self Driving Success Would Turn All Tesla Cars into Robotaxis
Elon Musk wants to make humanity multi-planetary. Dominating and transforming world business and technology is a necessary stage one.
SOURCES- Tesla, Maxwell, Hyperchange, Elon Musk
Written By Brian Wang, Nextbigfuture.com, Brian owns shares of Tesla
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.