Tesla's Cybertruck Battery Supply Saga: From Billions to Merely Thousands!
In a shocking turn of events, Tesla's once-promising $2.9 billion contract with South Korean battery supplier L&F Co. drops to just $6,776. The dramatic reduction highlights the impact of sluggish Cybertruck demand, persistent production delays, and broader economic challenges, including the U.S. Inflation Reduction Act's subsidy rollbacks, on the EV industry.
Dec 30