<p>Tesla Inc Chief Executive Elon Musk said on Wednesday the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a "significant production risk".</p>.<p>The US electric carmaker plans to manufacture a new version of its Model Y crossover vehicle, and possibly even battery cells at the site. Last month, Musk said that Tesla will use its Germany-based plant to demonstrate a radical overhaul of how its cars are built.</p>.<p>The company plans to start the production of Model Y at Gigafactory Berlin during the second half of 2021.</p>.<p>Tesla's new battery cell - a larger cylindrical format called 4680 that can store more energy and is easier to make - is key to achieving the goal of cutting battery costs in half and ramping up battery production nearly 100-fold by 2030.</p>.<p><strong>Also read; <a href="https://www.deccanherald.com/business/business-news/teslas-quarterly-report-could-land-elon-musk-another-3-billion-898419.html" target="_blank">Tesla's quarterly report could land Elon Musk another $3 billion</a></strong></p>.<p>The company's new structural battery pack requires the new 4680 battery cells in order to work.</p>.<p>Musk said on Wednesday that it will take about two years for Tesla factories in Fremont and Shanghai to embrace the new technology.</p>.<p>"Fremont and Shanghai will transition in 2 years when new tech is proven," Musk said in a tweet https://bit.ly/2I8Gam3.</p>.<p>The company said last week that it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric carmaker.</p>.<p>Tesla's delivery push has been supported by its new Shanghai factory, the only plant currently producing vehicles outside California, as it is also building a new vehicle and battery manufacturing facility near Berlin</p>
<p>Tesla Inc Chief Executive Elon Musk said on Wednesday the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a "significant production risk".</p>.<p>The US electric carmaker plans to manufacture a new version of its Model Y crossover vehicle, and possibly even battery cells at the site. Last month, Musk said that Tesla will use its Germany-based plant to demonstrate a radical overhaul of how its cars are built.</p>.<p>The company plans to start the production of Model Y at Gigafactory Berlin during the second half of 2021.</p>.<p>Tesla's new battery cell - a larger cylindrical format called 4680 that can store more energy and is easier to make - is key to achieving the goal of cutting battery costs in half and ramping up battery production nearly 100-fold by 2030.</p>.<p><strong>Also read; <a href="https://www.deccanherald.com/business/business-news/teslas-quarterly-report-could-land-elon-musk-another-3-billion-898419.html" target="_blank">Tesla's quarterly report could land Elon Musk another $3 billion</a></strong></p>.<p>The company's new structural battery pack requires the new 4680 battery cells in order to work.</p>.<p>Musk said on Wednesday that it will take about two years for Tesla factories in Fremont and Shanghai to embrace the new technology.</p>.<p>"Fremont and Shanghai will transition in 2 years when new tech is proven," Musk said in a tweet https://bit.ly/2I8Gam3.</p>.<p>The company said last week that it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric carmaker.</p>.<p>Tesla's delivery push has been supported by its new Shanghai factory, the only plant currently producing vehicles outside California, as it is also building a new vehicle and battery manufacturing facility near Berlin</p>