SAN FRANCISCO : Tesla Inc is falling short of CEO Elon Musk's target to make its own next-generation batteries, sparking questions over the top electric car maker's ability to maintain its blistering expansion of auto production next year and beyond.
If Tesla succeeds, it will assure itself a steadier supply of inexpensive, higher-range batteries, a foundation for its own goals of producing 20 million vehicles a year. But it needs such new batteries next year to avoid scrambling for supplies just as the global industry scales up electric production.
"When something is revolutionary, there's a lot of unknowns that have to be resolved," he said, referring to the dry battery electrode process."So we're confident of resolving those unknowns but it's, it's very, very difficult," he said, adding that it is making rapid progress.In 2020, Tesla signaled it would have 100-gigawatt capacity of 4680s this year - which would be enough to supply production at new factories in Texas and Germany.
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