Musk's plan for Tesla-built batteries has an acceleration challenge:
But the Tesla Inc chief executive is unlikely to hit ambitious targets for Tesla to mass-produce its own new batteries this year, industry insiders and analysts say. Though Musk is known for doing the impossible, starting with turning the electric vehicle maker into the world's most valuable auto company, the challenges of launching a new factory and developing a new way of battery manufacturing, are likely to be too much.
"I think they will probably fall short of the ramp-up of 4680 over the next year," said Gene Munster, managing partner at venture capital firm Loup Ventures, referring to the next-generation EV battery. Munster sees Tesla beating its targets longer-term, but starting off slowly, given its history of new-model production.
Tesla's 4680 lithium-ion batteries — with 46-millimeter diameter and 80-millimeter length — hold about five times the energy of its current smaller 2170 cells. Tesla can use a smaller number of new cells for the same energy and driving range, reducing costs. DOUBLE CHALLENGE Tesla faces a lengthy process in ramping up a battery factory, complicated by plans to use a new manufacturing technology called dry electrode coating.
Baglino said Tesla's"focus is to drive yield quality and cost to ensure we are ready for larger volumes this year as we ramp and next year." Dry electrode manufacturing skips a traditional, complicated step of battery manufacturing that involves a chemical slurry. If it works, it will be cheaper and more efficient, but Musk freely admits it will be a challenge.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grimes reveals she and Elon Musk broke up again after welcoming second childHours after Vanity Fair’s cover story was released, in which Grimes described her relationship with Musk as “fluid,” she revealed they have since called it quits.
Read more »
Elon Musk and Grimes secretly welcomed a second child, a baby girlThe former couple welcomed “Y” via surrogate in December, Grimes revealed in her Vanity Fair cover story. She and Musk are already parents to X Æ A-12.
Read more »
Desus & Mero Return to Clown Elon Musk and Grimes’ Baby NameDesus & Mero return to clown Elon Musk and Grimes' baby name: “I love when you get money you could just do dumb shit with your kid’s name... If you name your kid this at [the Bronx’s] Lincoln Hospital they’re taking it away.”
Read more »
Grimes on Music, Mars, and—Surprise!—Her Secret New Baby With Elon MuskGrimes rose to fame as a fiercely independent solo artist championed by the Internet—then she fell in love with Elon Musk. She speaks to V.F. about internet criticism, her new album, and the secret arrival of her second child, “Exa Dark Sideræl Musk.” 🔗:
Read more »
Elon Musk and Grimes secretly welcome a second childThe Canadian singer revealed her baby daughter's name and where she stands with the SpaceX founder.
Read more »