Summary of Tesla's BIG MOVES to Secure 4680 Battery Supply Chain

00:00:00 - 00:05:00

Tesla is making moves to secure supplies of important raw materials for their 4680 battery, including processing their own cathode materials and potentially operating their own lithium refining facility. These moves will help localize their cathode supply chain and make it more environmentally friendly, as well as give Tesla more control over the cost of battery grade lithium.

• 00:00:00 Tesla is making moves to secure supplies of important raw materials for their 4680 battery. These moves include processing their own cathode materials. This facility should help localize their cathode supply chain and make it more environmentally friendly.
• 00:05:00 Tesla is reportedly filing an application for a potential lithium refining facility that, if approved, could be operational by the end of 2024. This would give the company more control over the cost of the battery grade lithium that refined product and would also Supply. Overall, Tesla is reportedly taking Elon Musk's advice when it comes to lithium refining, as the Reuters article mentions. This is just one example of how Tesla is building the foundation that will give it a huge Edge in the future when it comes to battery production.