Tesla also hopes to produce the batteries in-house.
As well as their higher storage capacity, the company’s CEO Elon Musk said the cells are six times more powerful, and reduce cost per kWh by 14 percent . Lower prices and improved range are the sorts of improvements that are key to making electric cars more desirable, asThe focus of Tesla’s 2020 event was on the company’s attempts to produce the batteries in-house, to reduce potential disruptions from relying on external suppliers like Panasonic.
During more recent earnings calls, Musk has reiterated that he expects Tesla’s in-house production of the 4680 cells to start in 2022, and that the first vehicles equipped with these cells will ship the same year. In an
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