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Panasonic invests $30M in Tesla

Discussion in 'News' started by cinergi, Nov 3, 2010.

  1. vfx

    vfx Well-Known Member

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    So Tesla can give it all back in batteries.
     
  2. Iz

    Iz EVs are here to stay

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  3. howabout2

    howabout2 Member

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    Very cool! I've always been a fan of Panasonic, at least in consumer electronics (versus, say, Sony).

    Good grief, the wait for the Model S is killing me.
     
  4. Todd Burch

    Todd Burch Electron Pilot

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    I wonder if this will lower the cost of the battery packs or accelerate the introduction of the 300 mi pack.
     
  5. PopSmith

    PopSmith Saving for a Model 3

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    It could. I wonder if Panasonic did this to entice Tesla to keep them as their main/only supplier?

    Also, just for fun I did a bit of math regarding $30M worth of batteries if Tesla's battery cost is $300/kWh.

    - $30M/$300/kWh = 100,000 kWh.
    - The Roadster pack holds 53 kWh.
    - 100,000 kWh/53 ≈ 1886 Roadster packs

    Tesla has sold about 1,300 Roadsters but there is no way they paid $300/kWh until very recent Roadsters, if any. As such maybe it's safe to say Panasonic essentially reimbursed Tesla for all, or nearly all, their Roadster packs in exchange for 2% of Tesla.

    This also (sorry for slight OT) puts Tesla's market evaluation at $1.5 Billion. :eek:
     
  6. Iz

    Iz EVs are here to stay

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    #7 Iz, Nov 5, 2010
    Last edited: Nov 5, 2010
    Probably some truth to that. Over the next several years, new battery technologies will move from testing to production phase. Some of these will be in the form of larger cells and/or offer increased range at lighter weight. In order to remain competitive, Panasonic cannot focus solely on L-ion. Tesla however must also try and develop packs that will easily accept the new types of batteries.
     
  7. PopSmith

    PopSmith Saving for a Model 3

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    In the "Model X" YouTube video (http://www.youtube.com/watch?v=9cfHGDoniU0) Elon mentions at 2:53 that Tesla is "always looking at different chemistries." Tesla seemed to like the 18650 form factor due to economies of scale but I wonder if Tesla and Panasonic have been looking at different form factors for future (i.e. Roadster 3.0+, BlueStar, and beyond) vehicles.
     
  8. tdelta1000

    tdelta1000 Active Member

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    Questions....could the $30 million dollars investment by Panasonic be a poly to become the lead supplier (stated earlier) of the packs for the Model S or are they making an attempt to garner Toyota's business as well?

    If Panasonic develops a new type of battery or expands on the current capabilities, will Tesla Motor be first inline for this new technology?
     
  9. TEG

    TEG TMC Moderator

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  10. tdelta1000

    tdelta1000 Active Member

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    Hey TEG,

    What was beig said about the Model S on the monitor next to the Tesla rep?
     
  11. TEG

    TEG TMC Moderator

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    #12 TEG, Jan 8, 2011
    Last edited by a moderator: Mar 13, 2016
     
  12. TEG

    TEG TMC Moderator

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    #13 TEG, Jan 8, 2011
    Last edited by a moderator: Mar 13, 2016
     
  13. TEG

    TEG TMC Moderator

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    I think it is a slideshow talking about batteries to be supplied for Model S and such.

    Related press release:
    http://www.technology.am/tesla-panasonic-team-111202.html
     
  14. theBike45

    theBike45 Banned

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    If Tesla can really buy their batteries for $300 per kilowatthour, then their 160 mile battery pack costs less than $12K. That means they are
    buying cells at less than $2.30 apiece. Seems unlikely, but if true, would presumably make their 300 mile
    option cost around $11K over standard, and their 230 mile option around $5K.
     
  15. vfx

    vfx Well-Known Member

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    Yes Bikester, $300 per kilowatthour does seem high. Since Tesla will be Panasonic's third largest customer they are sure to get that done to $150 KWR or so. Thank you for pointing out that error. You are so helpful.
     
  16. Eberhard

    Eberhard #421 Model S #S32

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    the cost of a standard 2200mA cell is less than 1$ if you buy in quantity. the real cost are the protection circuits and the packages with the bms plus of course the profit, that tesla wants to make out of this.
     

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