Are Tesla Batteries Cheap?

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This article summarizes how Tesla has been making advancements

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in battery technology in order to reduce the cost of their products.

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Tesla's battery day event this year focused on the use of lithium iron and lithium iron phosphate (LFP) batteries,

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with Elon Musk showing advancements in cell design for cost and energy density.

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Musk said that their advancements had already achieved 54% lower costs,

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and they would continue to make improvements.

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The introduction of new LFP batteries also has potential to reduce costs even further.

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How Fast Can A Tesla Cyber Truck Go? - USA Vehicle

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