Tesla's plan to produce its own batteries is revealed, with the goal of lowering the price of its own cars to the same level as fuel vehicles

Battery packs have always been the lifeblood of new energy vehicles, both the price and mileage are closely related to them. As a leader in new energy vehicles, Tesla has been working hard on mileage. Recently, it was revealed on the Internet that Tesla seems to be working towards lowering the price.

In terms of details, foreign media revealed that Tesla has an internal project called "Roadrunner", the purpose of which is to mass-produce lower-cost batteries. Tesla's current goal is to reduce the cost of batteries to $100/kWh. It is understood that once Tesla's battery costs are at this level, the price of Tesla cars will be at the same level as fuel vehicles even without subsidies, and with subsidies, the price of Tesla cars will be more attractive.

It is reported that Tesla cars equipped with the "Roadrunner" project battery have begun testing, and at the Battery Investor Day in April 2020, Musk may showcase Tesla cars equipped with this technology.

I believe that with the influence of lower prices and longer mileage, Tesla's new energy vehicles will form their own unique business moat.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.