Nissan and Chevrolet have proven this with their “Leaf” and “Volt” models. However, Tesla’s been able to create a technology far superior to these two and Elon Musk has continued to promise scaled production of batteries along with reducing the price of battery technology as a whole. Tesla uses the 18650 cells for plug-in vehicles. To demonstrate success, the supplier for battery technology went from a 2 billion loss in the Q2FY12 to a 4 billion profit in the most recent quarter of performance. This is unprecedented profit growth and it is primarily due to the Model
Nissan and Chevrolet have proven this with their “Leaf” and “Volt” models. However, Tesla’s been able to create a technology far superior to these two and Elon Musk has continued to promise scaled production of batteries along with reducing the price of battery technology as a whole. Tesla uses the 18650 cells for plug-in vehicles. To demonstrate success, the supplier for battery technology went from a 2 billion loss in the Q2FY12 to a 4 billion profit in the most recent quarter of performance. This is unprecedented profit growth and it is primarily due to the Model