Part 8/10:
Tesla is also ramping up production of its revolutionary 4680 battery cells, which promise to significantly boost vehicle range and reduce costs. This technological leap could provide Tesla a competitive advantage as it works toward the Cybertruck, expected to start at a highly competitive $50,000, according to some estimates.
Future Technologies and Hardware Upgrades
In hardware, Musk announced that Tesla's Hardware 4 is expected to be three to five times more capable than its predecessor, Hardware 3. The newer Hardware 5, coming in a couple of years, could be four to five times more capable than Hardware 4. These advancements are aimed at pushing Tesla’s full self-driving capabilities closer to reality, which could revolutionize the autonomous vehicle industry.