It's crunch time at Tesla Inc , where Elon Musk is looking to crack the code for making better, cheaper batteries.
Despite the immediate problems, some analysts remain optimistic Tesla will resolve these issues.
Repeated delays in moving the new cell from the initial prototype phase to full-scale production also have pushed back introduction of the long-awaited Cybertruck, which was designed to take advantage of the cell's potential improvement in energy density and power - advances that have yet to materialize.Panasonic is running a pilot 4680 production line at its Wakayama factory in Japan, and plans to start volume production later in the fiscal year that ends in March 2024.
Tesla's first-generation 4680 cells, built at its Fremont, California, factory, failed to hit an energy density target, people involved say. Musk is betting if Tesla ends up with too many batteries this year, that is a good problem to have. It can use those for the energy storage systems it sells to utilities and consumers.
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