NVX 0.46% $2.17 novonix limited

Tesla's Springpower solution - Food for thought

  1. 8 Posts.
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    I believe this has gone somewhat unnoticed, unless I've overlooked some recent posts.. But this caught my attention and I thought it's worth hearing your comments.



    Is this Tesla's alternative to Novonix? It pretty much aligns with the benefits we would pitch. My thoughts are:
    1. I wouldn't be surprised, because Tesla has always emphasised their vertical integration, i.e. everything inhouse. Therefore unlike many others, I never expected Tesla to be our customer.
    2. If Tesla is not keen to work with us, but goes out of the way to find a patented solution that achieves similar results, I see this as a confirmation of how important our technology, research and production are. We were probably too big and our board too strong to be simply swallowed by Tesla, but I believe if Tesla sets the new norm and we can compete, everyone else who can't afford a vertical integration will be knocking on our door rather than Tesla's.

    What are your thoughts?
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