Gigafactory
Following recent supply chain adjustments like L&F's contract reduction, Tesla has slashed its 4680 battery cathode deal with LG Energy Solutions from $2.9 billion to $7,000, per Reuters. Weak Cybertruck demand undermines the cell's high-volume economics, threatening plans for Texas Gigafactory output and the upcoming Cybercab.
Reported by AI
Tesla has reached a cumulative total of 4 million vehicles sold in China, produced at its Shanghai Gigafactory. However, the company is experiencing its first annual sales decline in this key market for 2025. November deliveries fell slightly year-over-year, making it unlikely to match last year's figures.