Inside Tesla’s mission to keep Elon Musk’s battery promise

The secret behind Elon Musk’s goal of selling 20 million Tesla’s a year by 2030 lies in its pioneering battery technology.

The good news is that by using bigger cells and a new process to dry-coat electrodes, Tesla could halve the cost of a Model Y battery, saving more than 8 per cent of the car’s US starting price, battery experts with ties to the company said.

The bad news is that it’s only halfway there, according to 12 experts close to Tesla or familiar with its new technology.

That’s because the dry-coating technique used to produce the bigger cells in Tesla’s 4680 battery is so new and unproven the company is having trouble scaling up manufacturing to the point where the big cost savings kick in, the experts told Reuters.

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