In May, Tesla CEO Elon Musk is giving the car maker’s next-generation 4680 battery team until the end of 2024 to cut costs and scale up, The Information’s Steve LeVine, Wayne Ma, and Becky Peterson report, citing three people with knowledge of the matter. In recent months, Mus has also informed the team he wishes to see a solution to a difficult technical problem that can cause the batteries to collapse on themselves while in use, the authors note.
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