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

Published by
Reuters UK

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc 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. 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. Tesla is an outlier in its industry – it is the only major automaker that makes batteries itself without partnering with suppl…

Read More

Leave a Reply