Today, Tesla is the world's largest manufacturer of battery electric vehicles (BEVs). In part through partner Panasonic, which provided the battery technology and manufacturing, Tesla has made more than 1 million electric vehicles over the past decade. At Tesla's recent battery day, the company announced it would also enter the battery manufacturing space with a series of new technical innovations. In this report, we analyze Tesla's battery day announcement of five key battery technologies – cell design, cell factory, cathode material, anode material, and cell vehicle integration – to assess the credibility of Tesla's claims and their importance to the future of the company. Note: Lux analysts have reviewed this content in the last six months and deemed it still current and relevant. We will continue to periodically review content for recency and relevance, and will either archive or refresh this content as the situation requires. Please reach out to your Customer Success Manager if you have any further questions.
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