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Tesla downgrades 4680 battery supply chain as Cybertruck sales fade
On December 29, South Korean battery material maker L&F said in a regulatory filing that the value of its 2023 supply deal with Tesla has shrunk to USD 7,386 from an earlier projection of USD 2.9 billion, signaling a catastrophic drop in demand for Tesla’s in-house battery cells, known as 4680 cells.
L&F had signed a....
L&F had signed a....
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