At least one and a half times from the current level.
Transcript of the quarterly reporting event Tesla traditionally conceals a lot of interesting informational reasons, in addition to dry financial statistics. Talking about their efforts to increase the production of 4680 battery cells, which should grow exponentially, Tesla executives called these cells one of the most promising in the market. In any case, with their help, Elon Musk expects to reduce the cost of storing 1 kWh of electricity to $70. It is estimated that now this figure exceeds $100, and it significantly affects the cost of an electric car, since the cost of manufacturing a battery can reach 30-50% of the cost of an entire electric car.
Image Source: Tesla
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To achieve this goal, Tesla is trying to optimize literally every step of the technological process for manufacturing traction batteries of the 4680 type. In particular, the company confirmed its intention to organize lithium processing in the state of Texas, where these batteries are already being produced. Production of Tesla Semi trucks has already started in Nevada, but they do not use 4680 elements, as Elon Musk admitted. In fact, for the time being, Tesla can only equip some of the Model Y crossovers assembled in Texas with them. Whether the Cybertruck electric pickup, which will be assembled in the middle of next year, will initially be equipped with 4680 batteries, Tesla representatives have not explained.
