The Model 3 cells are custom 2170 li-ion cells co-developed with Tesla and manufactured by Panasonic at Gigafactory 1. Tesla Gigafactory 1, which started in 20

The Model 3 cells are custom 2170 li-ion cells co-developed with Tesla and manufactured by Panasonic at Gigafactory 1. Tesla Gigafactory 1, which started in 2013, has already grown into the biggest battery factory in the world with an annual production capacity of over 20 GWh. [1] Actually they have exceeded 20 GWh currently and are pushing towards 35 GWh. [2] Panasonic is a 25% stakeholder in Gigafactory 1. The fact that you think Tesla merely assembles packs, is because most of what they are doing to hit $100/kWh is trade secret. Their packs are cheaper, lighter, denser. They will be cobalt free. And that’s driven by Tesla IP not just Panasonic. [3] As far as margins, the idea that you could ship a 50kWh electric car for $35,000 was pure and utter lunacy 10 years ago. There literally isn’t enough battery production in the world to produce a million EVs a year, let alone 10 million. You are comparing apples to oranges. [1] - https://www.google.com/amp/s/electrek.co/2018/09/26/panasonic-ahead-schedule-tesla-gigafactory-1-battery-cell-production-lines/amp/ https://www.google.com/amp/s/electrek.co/2018/09/26/panasoni... [2] - https://www.tesla.com/sites/default/files/blog_attachments/gigafactory.pdf https://www.tesla.com/sites/default/files/blog_attachments/g... [3] - https://electrek.co/2018/11/13/tesla-battery-cells-improved/ https://electrek.co/2018/11/13/tesla-battery-cells-improved/