TESLA EXPECTS ITS 4680 BATTERY CELLS TO BE CHEAPER THAN SUPPLIERS BY END OF YEAR

Summary from the TLDR newsletter

Tesla says that its own 4680 battery cells, a new cell format enabled by new technologies like tabless cells, are expected to become cheaper than cells coming from suppliers by the end of the year. Tesla's 4680 battery cell was first revealed in 2020 with promises of enabling significantly lower cost, more range, and faster charging. They are currently exclusively used in the Cybertruck. Tesla plans to continue to purchase its cells from LG, Panasonic, and CATL.