Saturday, January 18, 2025

Analysis: ‘Unknowns’ delay Tesla’s ramp-up of its own cutting-edge batteries

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly SongRegister now for FREE unlimited access to Reuters.comRegisterSAN FRANCISCO, July 21 (Reuters) – Tesla Inc (TSLA.O) is falling short of CEO Elon Musk’s target to make its own next-generation batteries, sparking questions over the top electric car maker’s ability to maintain its blistering expansion of auto production next year and beyond. read more Tesla said on Wednesday it would rely on suppliers to meet battery demand this year, as the necessity of learning new technologies is holding back its plan to boost production of its own batteries. read more Tesla is an outlier in its industry – it is the only major automaker that makes batteries itself without partnering with suppliers, although like other companies, it buys batteries from companies,…

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