The new design could put Tesla at "significant production risk."
Tesla plans
to make a new version of the Model Y at its Berlin factory. There is also a
possibility of making new battery cells in the same factory.
Last month,
Musk said the German plant would be used to demonstrate how Tesla cars are
made. The company plans to start producing the Model Y at the Giga Factory
in Berlin in the second half of 2021.
Tesla's new
cylinder-shaped battery cell, called the 460, can store relatively more power
and is easier to build. The new design will also help to halve the cost of
batteries. The company will be able to increase the production of batteries a
hundred times by 2030.
Musk said on
Wednesday, it would take about two more years for the Fremont and Shanghai
factories to start working on the new technology.
"Once
the new technology is proven, the Fremont and Shanghai factories will change in
two years," Musk said.
Just last
week, Tesla reported that 1,39,300 vehicles were delivered in the third
quarter, a record for the company in one quarter.
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