Have been following Tesla since 2010. My first post on the topic I am most interested in. Having said that the price of battery cells that Tesla uses is dropping significantly, I would assume it would make it easier and more importantly faster to bring in Gen III to market. Do you agree with that notion, CapOp? During the Shareholders meeting, Elon mentioned that there is no need for significant breakthrough in battery technology to support Gen III price point. May be he was chuckling in his mind by visualizing the current battery price charts. I think Elon can make a point by reducing the 8-year battery replacement cost now by half. This would eliminate any doubt on pricing that future owners may have. Many articles point battery replacement as a significant cost against generally fair reviews on Model S. How about a battery replacement of 85kw at 8 year period at 6K instead of current 12K.