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Well, from the horse's mouth but Musk would disagree:

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

He makes it sound as though the raw material cost is not the problem.

Also, Deutsche Bank in Dec 2010:

http://bioage.typepad.com/files/1223fm-05.pdf

Relevant bit:

"Based on discussions with industry experts and several automakers, the DB Auto team has lowered its advanced lithium ion battery cost projection by about 30% for 2012. Current prices have fallen from $650/kWh+ in 2009 to about $450/kWh now, and DB’s forecast is the price to fall at about a 7.5% CAGR from 2012 through 2020 to about $250/kWh."

And lots others on Google. I don't know enough about it to judge who is credible but I do believe that laptop batteries don't cost as much as they used to. It's not like Moore's Law, but I think prices have been falling pretty steadily.



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