Gary Zhou 
Key Points
- 🚗 Tesla is producing cells specifically for the Cybertruck at Gigafactory Texas.
- 🔋 Cybertruck cells offer 10% higher energy compared to Model Y 4680 cells made in Giga Texas.
- 🏭 Tesla plans to build Phase 2 of Giga Texas’ 4680 facility, adding four more production lines.
- ⚙️ In the fourth quarter, Giga Texas will shift its focus to producing Cybertruck cells.
- 📅 Tesla aims to start cell production in Phase 2 by late 2024.
- 🚀 Tesla Cybertruck deliveries are set to begin on November 30, 2023, but full-scale production will take time.
- 👤 Elon Musk emphasizes the challenges of reaching volume production and achieving positive cash flow with the Cybertruck.
- 🚘 Tesla’s full self-driving program, supported by real-world data, is seen as a key driver of the company’s future success.
- 📊 Tesla’s FSD Beta fleet has surpassed 500 million miles of real-world driving data.
- 🤖 Musk believes AI development and fully autonomous cars could make Tesla the most valuable company in the world.
Tesla Commences Production of High-Energy Cells for the Cybertruck at Gigafactory Texas
Tesla’s Cybertruck cells offer a 10% energy boost compared to Model Y 4680 cells from Giga Texas, and they’ve entered production on Line 2 in Texas. The company plans to fully transition to manufacturing 100% Cybertruck cells in the upcoming quarter to streamline and enhance focus as they continue the Phase 1 expansion over the next three quarters, as reported during Tesla’s third-quarter earnings call.
Tesla has plans to build Phase 2 of Giga Texas’ 4680 facility. Phase 2 is already under construction at Tesla’s headquarters. It will add four more lines to the factory’s battery cell production. Tesla aims to start cell production in Phase 2 by late 2024.
Giga Texas’ battery cell production will eventually split into two phases, one dedicated to Cybertruck cells. In the fourth quarter, Tesla will focus on converting Giga Texas’ battery production line to concentrating on Cybertruck cells. Cybertruck cell production will be the main focus of Giga Texas’ battery assembly line for the next three quarters, up to Q2 2024.
Tesla Cybertruck deliveries will start on November 30, 2023. The company is still in the pilot production stage for the Cybertruck. Tesla’s CEO noted that it will take some time before the Cybertruck production hits full speed and yields positive cash flow for the company.
“A lot of people are excited about Cybertruck. I am, too. I’ve driven the car. It’s an amazing product. I do want to emphasize that there will be enormous challenges in reaching volume production with the Cybertruck and then in making a Cybertruck cash flow positive,” commented Musk at the latest earnings call.
