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.
International Lithium In The Survey: Will Tesla’s Gigafactory Be Good For Lithium? ILC.v TNR.v LIT
"Kirill Klip is making some rounds in the industry media with International Lithium these days. Stock has been halted pending the news announcement from the company now. You can get more information on Tesla Gigafactory, Ganfeng Lithium and International Lithium from the presentations below."
Business Insider:
GOLDMAN: Solar Is On The Way To Dominating The Electricity Market, And The World Has Elon Musk To Thank
Rob Wile
Goldman Sachs has set an estimated date for when they believe residential solar power becomes competitive with existing electric across the U.S.
