Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

electrek.co

Post reply on HN
Print view View original

21–30 of 836 posts

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#21

Post by andsoitis »

nemomarx wrote: post #2

Tesla stock dipped a little today it seems but it's still up 8 percent over the month. I really don't understand those investors and how they price a struggling company so highly.

> I really don't understand those investors and how they price a struggling company so highly.

Struggling, not so much: '24/'25 revenue of just under $100B, with Q3'25 record profitability and deliveries yielding $1.5B net income. Strong liquidity and a current ratio of about 2, boosting short-term financial stability. Solid cash reserves and relatively low debt ratio.

High stock price: far exceeds that of traditional auto makers even though Tesla's revenue is significantly lower. High valuation reflects investor expectations of growth and future tech upside. Exuberant? Probably. OTOH, Tesla has delivered better ROI for investors than the other automakers.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#22

Post by rayiner »

manoDev wrote: post #14

The future of electrification is at risk because the market chose to bet on TSLA. Many companies backpedaled on EV and the POTUS is making a major push towards oil (including invading Venezuela). The future looks grim.

The market didn’t choose to bet on Tesla. It was the only game in town for years.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#23

Post by gtirloni »

manoDev wrote: post #14

The future of electrification is at risk because the market chose to bet on TSLA. Many companies backpedaled on EV and the POTUS is making a major push towards oil (including invading Venezuela). The future looks grim.

For the US and the US only.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#24

Post by coliveira »

manoDev wrote: post #14

The future of electrification is at risk because the market chose to bet on TSLA. Many companies backpedaled on EV and the POTUS is making a major push towards oil (including invading Venezuela). The future looks grim.

They essentially gave away the market to Chinese companies, while at the same time complaining that China is "stealing" something.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#25

Post by AnotherGoodName »

thebruce87m wrote: post #10

> In a regulatory filing today, L&F revealed that the contract’s value has been written down to just $7,386. > No, that is not a typo. $2.9 billion to roughly $7,400. Ooft. That’s one hell of a write down. Imagine the person that had to do the calculation and report it back.

$7,386 seems to be roughly one Cybertruck batteries worth (the only vehicle that uses that battery).

As in they literally expect to build one more Cybertruck battery and that's it. I'm guessing the excess stock in the Tesla factories covers spares for a few years already.

I wonder when the cancellation will be announced by Tesla? It's all but leaked at this point.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#26

Post by homerowilson »

neuroelectron wrote: post #11

I actually did want a lighter, 2 Wheel Drive Cybertruck (for $40,000). The "Long Range" trim was close. But it was actually $70k not the $60k they were saying. Get rid of the touchscreen and the four-wheel-drive steering and the electrical flush door handles, the hatch thing in the back, smaller wheels, any other electronic features like 120v inverters, etc. solid rear axel would be nice but that would be a major red…

Swap "solid rear axle" with "De Dion axle" and your description fits the Slate truck pretty well.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#27

Post by stingraycharles »

andsoitis wrote: post #21
nemomarx wrote: post #2

Tesla stock dipped a little today it seems but it's still up 8 percent over the month. I really don't understand those investors and how they price a struggling company so highly.

> I really don't understand those investors and how they price a struggling company so highly. Struggling, not so much: '24/'25 revenue of just under $100B, with Q3'25 record profitability and deliveries yielding $1.5B net income. Strong liquidity and a current ratio of about 2, boosting short-term financial stability. Solid cash reserves and relatively low debt ratio. High stock price: far exceeds that of traditiona…

It has delivered a better ROI in the same way a ponzi scheme can deliver higher ROI.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#28

Post by paxys »

nemomarx wrote: post #2

Tesla stock dipped a little today it seems but it's still up 8 percent over the month. I really don't understand those investors and how they price a struggling company so highly.

There's nothing to understand really. Tesla is a meme stock, and will keep rising as long as Elon and others keep hyping it up.

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#29

Post by toomuchtodo »

coliveira wrote: post #18
toomuchtodo wrote: post #4

Earlier quoted context omitted.

TSLA exposure is a call option on Musk succeeding (with success criteria being "TSLA price go up") regardless of reality. SpaceX is buying up Cybertrucks; is it illegal? Will anyone do anything about it? That sort of success (quasi fraud). The product is the stock and the hope there is a greater fool who will buy it eventually. SpaceX Buys over 1000 Cybertrucks - https://news.ycombinator.com/item?id=46405984 - Decemb…

The "new economy" is full of self-dealing. That's the result of loose (or non-existing) regulations on monopolies. It all starts with Wall Street controlling stocks on thousands of large companies that are ultimately owned by small groups of the same shareholders. Now it's evolving to large sectors owned by fewer and fewer people.

That is certainly a contributing factor, which Matt Stoller has documented robustly in his newsletter "Big" [1] [2], as well as the More Perfect Union org [3] [4].

[1] https://www.thebignewsletter.com/

[2] https://news.ycombinator.com/from?site=thebignewsletter.com

[3] https://perfectunion.us/

[4] https://substack.perfectunion.us/

Re: Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99%

#30

Post by abirch »

coliveira wrote: post #7
jqpabc123 wrote: post #5

For years, we’ve been told that the 4680 cell was the “holy grail” that would allow Tesla to produce a $25,000 electric car. For years, we've been told a lot of things that have never come to fruition. Just 6 months ago, we were told that Robotaxi would be available to half the US population by the end of the year. https://electrek.co/2025/07/23/elon-musk-with-straight-face-...

Just wait another 6 months /s

Tesla isn't a car company it's a robotics company (2025)

Tesla isn't a robotics company it's a meme company (2027)

Post reply on HN