> Lithium-ion batteries > > Cost $20 million. Whew! Musk's Gigafactory
http://www.forbes.com/sites/michelinemaynard/2014/02/26/elon-musks-risky-5-billion-plan-to-control-teslas-fate/ will double the world's output of lithium batteries. While mostly for the Tesla automobile, Musk hopes to at least half the cost of storage. Surely some of this will wind up grid leveling. Tesla Motors closed at $253. The IPO was less than $20 in 2010.
