More Silicon, Less Cobalt Is Musk’s Recipe for Cheaper Batteries

(Bloomberg Businessweek) — At his first Battery Day event, Tesla Inc. CEO Elon Musk said a lower-priced car will come in the next three years.



a car parked in a parking lot: Tesla vehicle at a charging station in San Mateo, Calif.


© Photographer: David Paul Morris/Bloomberg
Tesla vehicle at a charging station in San Mateo, Calif.



a car parked in a parking lot: Tesla vehicle at a charging station in San Mateo, Calif.


© Photographer: David Paul Morris/Bloomberg
Tesla vehicle at a charging station in San Mateo, Calif.

Reducing—specifically halving—manufacturing costs of lithium-ion batteries was the overarching theme of the event. That reduction will enable a cheaper model—a “dream from the very beginning,” Musk said. Tesla aims to eventually produce 20 million of these fully autonomous vehicles per year, but he didn’t give a clear time frame for achieving this goal. The battery innovations include the following:



a car parked in a parking lot: Tesla vehicles at a charging station in San Mateo, Calif.


© Photographer: David Paul Morris/Bloomberg
Tesla vehicles at a charging station in San Mateo, Calif.

1. More Silicon, Less Cobalt

Musk focused on the two materials used in a battery’s electrodes (the anode and the cathode,

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Global Cobalt Tetraoxide Market to 2025 – by Manufacturers, Regions, Technology and Application

The “Cobalt Tetraoxide Market Insights 2020 – Analysis and Forecasts for the Global and Chinese Markets to 2025, by Manufacturers, Regions, Technology, Application” report has been added to ResearchAndMarkets.com’s offering.

This report is a professional and in-depth study on the current state of the global Cobalt Tetraoxide market with a focus on the Chinese market. The report provides key statistics on the market of Cobalt Tetraoxide. It is a valuable source of guidance and direction for companies and individuals interested in Cobalt Tetraoxide industry.

Key points of Cobalt Tetraoxide Market Report:

  1. The report provides a basic overview of Cobalt Tetraoxide industry including: definition, applications and manufacturing technology.

  2. The report explores Global and Chinese major players in Cobalt Tetraoxide market. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for each company.

  3. The report depicts the global and Chinese total Cobalt Tetraoxide

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