Tesla places 45 GWh LFP battery order from CATL for 2022 -- enough for nearly 800k Model 3 and Model Y

It appears that Tesla is now making the necessary preparations for a serious ramp of its Model 3 and Model Y production in Gigafactory Shanghai next year. As per recent reports from China, Tesla has reportedly placed an order for 45 GWh worth of lithium iron phosphate (LFP) batteries from Contemporary Amperex Technology (CATL), one …

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Tim Connors core team
3 months ago

Co-Founder & Founding Investor @ Platform Venture Studio

tesla at 1M cars a year of the 80M sold per year. grew 70% this year and hope to grow 50% per year for next 20. they have about 50% market share. bottleneck is production capacity not demand, and biggest production bottleneck is batteries. LFP patents expire in 22 so look for that to be the bulk going forward. if/when FSD can allow you to hail a tesla that comes to you empty, you get in and drive to destination, and it goes empty to the next requestor, effective market share goes away up. 6-10 $300/mo subscribers for each car in the robo-rentalcar fleet will result in much faster electrification of vehicles, and any family opting in will save half of their 2nd biggest household expense