$180 to $380 in 6 months
And in a few months.... Battery Investor Day!
Elon has said they aim to increase cell production to 2 TWh. We have some info on the battery technologies and production techniques that can help get CP there. But we don't know how, where or most important how fast next gen Tesla batteries can ramp and when ramp milestones might be. Timing of those would impact on whether what's revealed impacts SP in short to medium term. Unlike this year's Autonomy Investor Day.
If that ramp can outstrip Tesla's in house needs, why would they not sell the surplus to ICE manufacturers entering EV market without battery supply needed to produce good EVs in quantity? Tesla would still have cost advantage because it will be making a very lucrative profit on the batteries sold to those who need them. It's greater efficiency would still keep some range advantage. And of course it matches mission goal to drive ICE to EV transition as fast as possible.
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