Tesla is yet to make 4680 batteries cheaper than what they cost from its own suppliers, and recently sued one for stealing trade secrets of a key technology to do so.https://www.notebookcheck.net/Cheaper-Cybertruck-4680-battery-in-the-cards-as-LG-is-set-to-achieve-what-Tesla-promised-on-Battery-Day.857300.0.html
Articles like this are why I'm not as bullish on Tesla as many who invest in it. Tesla had a huge first mover advantage in electric vehicles. But as the engineering for them has matured, the competition to manufacture best-in-class components increasingly becomes a game of long term R&D, and a meticulous attention towards manufacturing efficiency. Musk's strengths have been much more about a willingness to make big bets on technologies that are a long way from being ready for the market.
Articles like this are why I can't take seriously it's author or people who take this article seriously.
Two funny lowlights:
* '"Among battery competitors, LG is the top," informed the head of LG Energy Solutions'
So the source for the "information" (surely a fact, definitely not misinformation!) that LG is the tits is...wait for it...LG
* Thanks to this article I learned that "is set to" (as in the article title "LG is set to achieve...") is a synonym for "makes unsupported claims about what it will eventually accomplish...in 4 years" ("LG now claims it will master by 2028")
🤣🤣🤣🤣🤣
Yeah. This article kinda reads like a commercial for LG. So they will have a pilot production for dry coating batteries by the end of the year. And mass production by 2028. And there is no mention on how it's tech is innovative. Just that they will "crack" dry coating.
All the while Tesla is supposedly already manufacturing dry coated batteries. But it's manufacturing method seemingly does not bring many benefits.