News Snapshot:
July 23, 2020 1:08 pm Tesla Model 3 battery change for China will free up cobalt cells for Semi Tesla’s Gigafactory Shanghai will make some Model 3 sedans with lithium iron phosphate (LFP) batteries starting later this year. CEO Elon Musk confirmed the move, which had been reported by business press and insiders for months, during a Q2 financial update call Wednesday. And he clarified the motivation behind the move: to free up more energy-dense nickel-cobalt-aluminum cells Tesla otherwise uses for its Semi, as production ramps up for 2021 deliveries. The shuffling serves as a reminder that even Tesla is...
