Giga Texas Fires Up: Tesla Pumps Out 50 Millionth 4680 Battery Cell For Cybertrucks
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) announced that its team at Giga Texas has produced the 50 millionth 4680 battery cell, a key component for the Cybertruck. This milestone comes as the company ramps up production, with a significant increase in the first quarter. Despite previous reports of production struggles, Tesla aims to stay ahead of Cybertruck production needs.
June 06, 2024 | 10:21 am
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Tesla has produced its 50 millionth 4680 battery cell at Giga Texas, marking a significant milestone in its efforts to ramp up Cybertruck production. This achievement is expected to positively impact Tesla's stock in the short term as it demonstrates progress in overcoming previous production challenges.
The production of the 50 millionth 4680 battery cell is a significant achievement for Tesla, indicating progress in scaling up Cybertruck production. This milestone is likely to boost investor confidence and positively impact Tesla's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100