Elon Musk’s Tesla Just UNLOCKED A New Milestone In Its 4680 Battery!
Tesla’s electric vehicle (EV) charging standard was quickly adopted by the automotive industry, which has led to rumors that Tesla may eventually also have control over other aspects of the EV ecosystem, including batteries and even self-driving technology. And especially recently, Tesla just unlocked a new milestone in its 4680 battery. What does this mean? Let’s find out in this episode!
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Products and platforms including batteries and computer operating systems are anticipated to become commonplace as EV use rises.
The body designs and supplemental software elements that characterize each car brand’s distinct passenger experience will be what differentiate them from one another.
Some automakers might choose to purchase the necessary parts off the shelf rather than making the significant financial commitment required to create electrified or autonomous vehicle technologies.
Tesla has a chance to overtake competitors as the industry’s preferred provider of EV technology because of its steadily improving production capabilities and declining but still overwhelming EV sales advantage.
Car makers who lack the funds to create their own autonomous vehicle systems may be able to license its Autopilot and FSD (“full self-driving”) technology.
Consider a small logo that says “Tesla Inside” to identify a car as coming from Tesla, similar to the “Intel Inside” label that the computer chip manufacturer originally used.
These arguments have been put up by investors and analysts in response to the cascade of automakers and EV charging networks switching to Tesla’s superior charging method.
When will major automakers understand that they don’t also have to develop their own batteries, chassis, and drivetrains? wonders Will McDonough, CEO of EMG Advisors, an asset management that invests in EV raw materials.
Since Teslas are superior, more cost-effective, and easier to construct, the entire industry would be better served to adopt their battery technology and concentrate on providing customer service rather than competing on body types and brand.
“This capitulation was just the first step and is all a part of Elon’s master plan,” he says of Tesla’s efforts to promote the use of its charging technology in the auto sector.
Tesla has been open about wanting to license its driving assistance technologies as well.
Elon Musk, the business’s CEO, stated in 2021 that the company has “preliminary discussions” regarding licensing its Autopilot driver-assistance technology with other automakers.
Likewise earlier this month, Musk tweeted that Tesla is “happy to license Autopilot/FSD or other Tesla technology” and that the company wants to be “as helpful as possible” to other automakers.
Some investors consider self-driving cars to be the pinnacle of AI applications and think Tesla might be valued far more as a robotaxi operator than as a car manufacturer.
In a recent research, analyst Tom Narayan of RBC Capital Markets stated, “We believe the car business might only contribute 10% of [Tesla’s] total value.”
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