Part 6/11:
This battery development is intertwined with Tesla’s silicon-based anode and cathode advancements, promising substantial gains in energy density and manufacturing efficiency. These innovations could lead to mass production of more affordable, longer-lasting batteries, boosting Tesla’s competitiveness globally.
Lower-Cost Vehicles and Production Expansion
Tesla has begun inviting reservations for the less expensive, non-Foundation series Cybertruck, starting at $80,000. Production is imminent, soon enabling Tesla to scale its electric truck offerings further. These trucks will benefit from cost reductions due to advanced battery tech and manufacturing efficiencies, including IRA tax credits worth $5,400 per truck, paid directly to Tesla.