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Tesla's new 4680 battery cell will be hitting the roads inside the Model Y in 2022. Tesla already makes the most efficient electric vehicles on the road, but the 4680 is expected to halve the cost of the battery - the most expensive part of the EV, which will be a game changer for Tesla in bringing more electric cars on the road at prices competitive with ICE cars. While the 4680 battery brings new innovations in terms of new cathodes, anodes, structural battery pack with the Gigapress, and new Gigafactory designs, there are many areas with the 4680 will indirectly help to cut costs as well. Investment firm, ARK Invest, uses Wright's Law to show that battery costs will decline as volume continues to double, and the 4680 will be the key to ramping up high volume battery production, and unlocking new products such as the Tesla Semi, Cybertruck, Roadster, and a $25,000 Tesla.
#Tesla #ElonMusk #4680Battery
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