Mr. Musk has described the batteries coming out of these facilities “like bullets”. Indeed, and they are aiming at the competition. And we haven’t even discussed the performance of this 4680 battery!
“Large-scale manufacturing, especially if it’s a new invention, is somehow between 1,000 and 10,000% times harder than a prototype.” — Elon Musk
In this article, I will try to explain why.
Tesla revealed at its Battery Day this week that it intends to produce 3 terawatt-hours (TWh) of batteries a year by 2030. That’s more than Benchmark Mineral Intelligence (aka Benchmark Minerals) was forecasting for all lithium-ion battery production combined before Battery Day.
According to Elon Musk, Tesla’s much-anticipated “Battery Day” will be combined with the company’s Shareholder Meeting on September 15th. To learn more about batteries before the big day, I spoke with Ravindra Kempaiah recently about his thoughts relative to Tesla and potential battery improvements that might be revealed soon.
Construction of the battery factory and Model Y assembly line at Gigafactory 3 in China is proceeding rapidly with Model Y production expected to begin before the end of this year.
