- they need to charge in 10 minutes or less
- they need at least 350 miles range
- the price needs to be $15k to be competitive
The technology isn't there yet.
His gigafactory will only produce 100 GigaWatt-hours of storage annually. This is miniscule compared to what is actually required to replace oil, coal, gas, and nuclear, which I estimate around 2 Exawatt-hours, or 2 billion GigaWatt-hours.
The "Fish Bobber" wind energy storage concept that I posted on the Ideas for America board, manufactured by a coastal ExaFactory, manufactures the 2 ExaWatt-hours of "Fish Bobber" storage in 20 years, and 100 GW-hours in just over a day. It would take his gigafactory a million years to manufacture enough lithium batteries to achieve this storage level. My Exafactory would not use any exotic materials sourced in foreign countries.