caption
Tesla CEO Elon Musk.
source
Joshua Lott/Getty Images
  • Tesla CEO
    Elon
    Musk
    tweeted on Saturday that the rate of battery-cell
    production from Panasonic
    has held back output for the electric-car maker’s Model
    3
    sedan.
  • “Pana cell lines at Giga are only at ~24GWh/yr & have
    been a constraint on Model 3 output since July,” Musk said.
    “Tesla won’t spend money on more capacity until existing lines
    get closer to 35GWh theoretical.”
  • Panasonic
    did not immediately respond to Business Insider’s request for
    comment.
  • Visit
    BusinessInsider.com for more stories.

Tesla
CEO Elon Musk tweeted on Saturday that the rate of battery-cell
production from Panasonic has held back output for the
electric-car maker’s Model 3 sedan.

“Pana cell lines at Giga are only at ~24GWh/yr & have
been a constraint on Model 3 output since July,” Musk said.
“Tesla won’t spend money on more capacity until existing lines
get closer to 35GWh theoretical.”

Read more:
Tesla isn’t the next Theranos – here are 10 reasons why

Musk’s tweets came in response to a
tweet
from Bloomberg reporter Tom Randall, who cited
reports
that Panasonic had reached a battery-production
capacity of 35 GWh per year in March and was halting new
investment in Tesla’s Gigafactory, where it produces battery
cells for Tesla, as it monitored demand for Tesla’s vehicles.
(Tesla said the two companies are
still investing
in the Gigafactory but are also focusing on
improving the efficiency of existing equipment.)

Musk said Panasonic’s stated, annual production capacity of 35
GWh was “theoretical,” and that its true production capacity was
about two-thirds of that rate.

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“There is 35 GWh/yr ‘theoretical capacity’, but actual max
output is ~2/3. It was physically impossible to make more Model
3’s in Q1 due to cell constraints,” Musk said.

Panasonic did not immediately respond to Business Insider’s
request for comment.

Have you worked for Tesla? Do you have a story to share?
Contact this reporter at mmatousek@businessinsider.com.





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