Tesla's 4680 battery production increased by 50%, reducing costs

Tesla shared the latest progress of its 4680 battery during its second quarter earnings conference call. The company announced that the production of 4680 batteries increased by 50% month-on-month, while production costs were further reduced. Tesla said that this significant increase in production not only demonstrated the company's rapid progress in battery manufacturing capabilities, but also laid the foundation for expanding production scale in the future to meet the demand for more models. It is particularly worth mentioning that Tesla successfully installed 4680 batteries produced using the cathode dry coating process on the first Cybertruck prototype this month, and has begun vehicle testing and verification.