Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Monday dashed hopes surrounding the automaker’s ability to reach self-sufficiency in batteries until at least 2022.What Happened: Musk said on Twitter that the unveil at the event scheduled for Tuesday would affect long-term production especially of Semi, Cybertruck, and Roadster but “what we announce will not reach serious high-volume production until 2022.”The billionaire entrepreneur added that the automaker didn’t intend to phase out battery cell purchases from suppliers like Panasonic Corp (OTC: PCRFY), LG Chem Ltd (OTC: LGCLF), or CATL, as has been widely speculated.Instead, Musk estimates that even if the suppliers …read more
Source:: Yahoo Finance
