Tesla hits major battery-production milestone: This week in EVs

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Tesla hits major battery-production milestone: This week in EVs
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Tesla hits major battery-production milestone: This week in EVs

Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla reaches a production milestone; OSHA violations plague GM plant; and VinFast buys a battery company.) celebrated a significant production milestone Wednesday, announcing on X the creation of its 20 millionth 4680 battery cell at its Texas Gigafactory.

While some Model Y vehicles have utilized these cells, they might be reserved for the upcoming Cybertruck. Tesla calls this an"unwarranted windfall" and has sought approval for a fee not exceeding $64M. CEO Elon Musk's separate $56 billion compensation was not part of this lawsuit.

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