Business Insider reports on the research from Goldman Shacks about Elon Musk disrupting very fast another corporate stronghold - Energy Utility Market. Solar City is taking off thanks to the dramatic reduction in the price of the Solar Panels and now Elon Musk is going to do the same with Tesla Gigafactory for the Electric Cars dramatically reducing the price of Lithium Batteries. Cheaper and better Lithium Batteries will not only make the mass market for Electric Cars reality, but will reshape the Energy Utility Market as well with much wider integration into the grid of Solar and Wind Power.
Kirill Klip from International Lithium has already pointed out to the importance of this development for the Lithium industry and now we have the confirmation from the investment bank. Another beneficiary will be Silver on the materials side used in the Sollar Cells.
GOLDMAN: Solar Is On The Way To Dominating The Electricity Market, And The World Has Elon Musk To Thank
It’s relatively soon.