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Thanks for the explanation 👍🏼🙌🏻 finally a easy answer

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Thanks Ole. Glad it's helpful

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Thanks for this breakdown! Also really interesting format to this.

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Thanks Silas, glad you like it. Experimenting to provide max value

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Super curious - could you please elaborate what was the context on this: Battery tech has been a massive graveyard over the last few decades

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Hey Vineeth, I did my Master Thesis on Battery Energy Technology back in 2010, so it's nothing new. Sand Hill Road, Bill Gates and most hardware VCs have been pouring hundreds of millions into new battery compositions (Solid state, Magnesium, Graphene, Sodium), cathode/anode innovations, Fuel Cells... It's been a total carnage.

At the end of the day, the only few that manage to survive are the ones that reached massive economies of scale like the Tesla Gigafactory. And it's not because they're superior tech or more efficient at long-duration storage... it's purely because they can produce at massive scale and have automated most of the production processes.

The gigafactory is a production machine, not a battery tech innovation breakthrough.

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