TESLA UNVEILS ITS LFP BATTERY FACTORY, CLAIMS IT'S ALMOST READY

Summary from the TLDR newsletter

Tesla claims that its lithium-iron-phosphate (LFP) battery cell factory in Nevada is nearly ready to start production. The company's cheapest electric vehicles all utilize LFP cells, as does its entire range of energy storage products - it currently heavily relies on Chinese manufacturers. Tesla aims to produce about 10 GWh of LFP battery cells per year at the new factory. The cells are expected to be used in the Tesla Megapack, which is produced in the US.