Tesla Looking To Acquire Stake In LG Battery Business

Marco Green
September 29, 2020

Musk has already made teasing mention of batteries that will "blow your mind", created a buzz with his Roadrunner battery cell production facility, and left competitors scrambling with his silver-bullet Model S. And let's not forget his public announcements of Tesla's intention to build an entirely new ecosystem populated by passenger vehicles, second life residential/commercial battery applications, and Robo taxis. You are free to use my Tesla referral code. It doesn't seem to be the highlight of the presentation because he sees the prototype as "trivial".

"This is not just a concept or a rendering", Baglino said. "We are starting production of these cells around a corner of our pilot 10 gigawatt plant".

Musk's ideas about the challenges of mass production come from many years of production experience, including many challenging years. But as I noted two days ago, Tesla's 10 GWh "pilot plant" would actually be the 13th largest lithium-ion battery factory in the world if it was online tomorrow. Meanwhile, there are even bigger projects than that, which could even become the world's largest lithium ion battery manufacturer.

At the battery event, Tesla is expected to reveal a number of advancements in its battery tech that could give it an even greater advantage over other companies pursuing electric vehicles. - https://ts.la/zachary63404 - $100 off select bonus supercharging miles and/or solar power systems.

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Zachary Shahan is tryin' to assist society assistance itself one word at a time. Zach is acknowledged worldwide as an electrical auto, solar power, and energy storage professional. But he did not offer any investment advice (explicitly or implicitly).

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