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Published on Jun 28, 2021
At battery day, when discussing the various improvements Tesla is making to battery cell manufacturing, roughly a minute was devoted to discussing their drastically improved “FORMATION” process, which made this process appear somewhat insignificant. However, DREW BAGLINO did point out that, “In a typical cell factory, formation is about 25% of the investment.” Notice that this process accounts for ¼ of the investment – this is NOT INSIGNIFICANT! This is a big deal!

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DISCLAIMER & DISCLOSURE: All of the content found in this video is based on my own opinion and should not be regarded as financial advice. I am not a financial advisor and this is NOT in any way a recommendation or offer to buy or sell securities. While the information in this video is believed to be correct at the time of recording, no guarantees are being made about the accuracy of the information presented in the video. Please consult a licensed professional, or do your own research before making any financial decisions. As of the recording of this video, Jonathan (host) is NOT invested in Tesla (TSLA).
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