...Elon has lost the battery race (to the Chinese) and has moved on.
Four years ago, Elon Musk unveiled a new battery--the 4680--that he said was crucial to making a $25,000 Tesla. In February, he killed the cheap car. Now sources say the clock is ticking on the 4680 as Musk described it, at least as a Tesla-made product.
https://x.com/stevelevine/status/1812813844722364469
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