Tesla Gigafactory

Raw materials for battery cost: 80 KW/hour. Historical cost of batteries (2012) 600 KW/hour...

Looks like Gigafactory is going to take advantage of that difference.

http://takingpitches.com/2012/09/22/elon-musk-the-role-of-an...

PDF with more details http://www.teslamotors.com/sites/default/files/blog_attachme...

Elon is crazy (in a good way). See also their press release on raising $1.6 billion:

http://www.teslamotors.com/about/press/releases/tesla-announ...