During the fourth quarter conference call in 2019, Tesla CEO Elon Musk said that to secure battery capacity for their production ramp, Tesla must work with as many battery suppliers as possible. Tesla has been working with CATL, LG Chem, in addition to their longtime partner Panasonic ever since then. According to the Giga Berlin … Continue reading CATL Germany To Supply Tesla Giga Berlin Batteries?
On Monday, China’s top electric vehicle battery maker “CATL” announced that it has signed a battery supply agreement with electric car marker Tesla. Tesla had most recently said that it would diversify the supply of batteries to its $2 billion Shanghai plant, where Model 3 cars were being produced, which it started delivering in December … Continue reading China’s CATL has signed a battery supply deal with Tesla
Gordon Johnson, GLJ Research CEO & Founder has downgraded the stock of the electric vehicle giant to $87. Gordon arguably the most bearish Tesla Stock analyst. Gordon was on Yahoo Finance’s The First Trade with Brian Sozzi to discuss why he remains bearish Tesla, as investors keep an eye on the stock split set to … Continue reading Tesla Stock Price Target Downgraded To $87
Tesla battery supplier “Panasonic”, the Japanese electronics giant, plans to raise production capacity by 10% in 2021, which is expected to boost the battery production for Tesla, with a massive investment of over $100 million. The relationship between Tesla and Panasonic has been a rocking one since Panasonic struck a deal in 2016 to jointly produce solar … Continue reading Panasonic To Boost Tesla Battery Production Capacity By 10%
EXCLUSIVE!. Imagine owning a Tesla vehicle that can drive over 1000 miles on a single charge and can last a million miles. In this exclusive piece reported by Reuters, Panasonic Corp wants to increase the energy density of the 2170 battery cells it supplies to Tesla by 20% in five years and commercialize a cobalt-free version “in … Continue reading Panasonic To Increase Tesla Battery Cell Energy Density By 20%
This is it people!. Game over for ICE carmakers. Tesla is said to have figured out how to equip it’s cars with battery packs jointly developed with Contemporary Amperex Technology Co Ltd (CATL), that is cheaper than the $100/kWh level, which will allow Tesla vehicles reach parity with internal combustion engine vehicles. In February, Tesla … Continue reading Tesla Cars Are Set To Be Cheaper Than ICE Cars
Panasonic and Tesla are putting an end to their joint solar cell production agreement at Tesla New York plant. According to Tesla, Panasonic’s withdrawal won’t affect Tesla’ solar cell production. Tesla has also met the 1460 jobs commitment required by the State of New York. Also: Tesla Driver Who Died In A Crash Was Playing … Continue reading Panasonic Exit From Giga Buffalo Won’t Affect Solar Cell Production – Tesla
Tesla Inc and Contemporary Amperex Technology Co Ltd (CATL) are in talks to use batteries from Contemporary Amperex Technology Co Ltd (CATL) that has no cobalt in it. Cobalt is a chemical element with the symbol Co and atomic number 27. Like nickel, cobalt is found in the Earth’s crust only in chemically combined form, save for small deposits … Continue reading Tesla Battery Cost To Drop By Double Digit Percent