Tesla's Revolutionary 4680 Battery Production Updates

⚙️Updates shared during Tesla's investor conference call highlighted advancements in annual production rate and cost improvement progress.

🔋Tesla produced 20 million 4680 batteries, with a weekly run rate of 1.36 million cells.

📈Annual production capacity reaches over 70 million 4680 batteries, improving to 7 gwatt hours per year.

⏩Expected substantial increase in production rate from Q1 to Q2 2023 investor conference call.

🔧Three production lines now producing batteries with a fourth in commissioning.

💰Significant cost improvement details shared for Tesla's 4680 battery production.

🏭Cost of producing 4680 batteries expected to beat supplier costs by year end.

🤝Tesla may be sharing their battery manufacturing technology with suppliers.

🔬Lars hinted at the possibility of sharing advancements in battery tech with suppliers.

🌐Tesla's suppliers might benefit from advancements in battery manufacturing techniques.

💡Tesla's decision to produce their own battery cells helps reduce costs and gain more control over the supply chain.

🔄Producing their own batteries allows Tesla to understand and optimize the upstream supply chain, reducing overall pricing.

🎯Tesla aims to beat their suppliers' costs for producing 4680 batteries by the end of the year, signaling significant progress.