During the Q2 earnings call, we learned that the Cybertruck will get a new version of the 4680 battery. This new energy-dense pack has around a 10% higher energy density. However, Tesla did not release the specifics, nor did they allude to how this gain in energy density will translate to the Cybertruck.
Tesla’s Senior VP for Powertrain and Energy Engineering, Drew Baglino, said this:
Here in Texas, we’re preparing to launch our Cybertruck cell, which has a 10% higher energy density than current production. That was accomplished through process and mechanical design optimization.
The 4680 currently powers the Model Y made at Gigafactory Texas, but the company did not reveal if the new energy-dense pack will make its way to the Model Y.
We also do not know if this new pack will mean a longer range for the Cybertruck or if the battery pack will simply be smaller. There are a lot of unknowns with the Cybertruck, such as the final price and even its powertrain specs, but with deliveries slated by the end of the year, we should find out more soon.
Tesla did reveal a few new details about the Cybertruck this week, like some of the truck’s dimensions.
Giga Texas 4680 production increased 80% Q1 to Q2. 25% reduction in cell COGS.
Cybertruck 4680 cell is 10% higher energy density than current production (!!!!), achieved through process and mechanical design optimization
— Drive Tesla 🇨🇦 (@DriveTeslaca) July 19, 2023
In addition, the company also announced a 25 per cent reduction in cell cost of goods sold (COGS). This price reduction is due to lower raw material costs. This could explain how Tesla is affording some of the aggressive price cuts we have seen worldwide.