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Tesla battery supplier CATL expects up to 200% profit increase

Credit: CATL

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Contemporary Amperex Technology Co Ltd. (CATL), the world’s largest producer of electric vehicle batteries and one of Tesla’s key battery suppliers, anticipates its net profits to rise as much as 9.8 billion yuan ($1.4 billion) in the third quarter. The expectations come as the electric vehicle battery market benefits from the rise of EVs in the general automotive sector. 

In a stock filing on Monday, CATL forecasted a profit increase of up to 200%. The China-based battery maker also predicted that net profits for the nine months ending in September might exceed 18 billion yuan. That’s an increase of about 132% year-over-year. 

With the demand for electric vehicles rising, CATL has made spending commitments of around $20 billion to develop new, larger battery plants both domestic and abroad. Among the most notable of these facilities is in Hungary with Mercedes-Benz AG. As noted in a Bloomberg News report, profit for the six months ending in June also rose 82% to 8.17 billion yuan as CATL improved its strategies to address price fluctuations for raw materials.

CATL plays a key role in Tesla’s operations. Lithium iron phosphate (LFP) batteries from CATL are installed in Tesla Model 3 vehicles made at Gigafactory Shanghai, the EV maker’s China-based electric vehicle factory. The Model 3’s two variants, as per Tesla China’s official website, are listed with CLTC ranges of 556 km (345 miles) and 675 km (419 miles), respectively.

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It’s not just Tesla that is taking advantage of CATL’s technology and scale. Last month, German luxury automaker BMW announced that it would be receiving battery cells from CATL, which should provide its upcoming electric cars with a notable improvement in energy density, charging speed, and range. Interestingly enough, the battery cells CATL will supply to BMW will have a standard diameter of 46 mm, similar to Tesla’s homegrown 4680 cells.

BMW would be receiving batteries from CATL’s upcoming battery factories in China and Europe. Up to 20 GWh of annual capacity from each of the factories is expected to be allocated specifically for BMW. CATL also stated that it would prioritize the use of recyclable materials and renewable energy in its production of batteries.

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk pivots SpaceX plans to Moon base before Mars

The shift, Musk explained, is driven by launch cadence and the urgency of securing humanity’s long-term survival beyond Earth, among others.

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Credit: @SecWar/X

Elon Musk has clarified that SpaceX is prioritizing the Moon over Mars as the fastest path to establishing a self-growing off-world civilization. 

The shift, Musk explained, is driven by launch cadence and the urgency of securing humanity’s long-term survival beyond Earth, among others.

Why the Moon is now SpaceX’s priority

In a series of posts on X, Elon Musk stated that SpaceX is focusing on building a self-growing city on the Moon because it can be achieved significantly faster than a comparable settlement on Mars. As per Musk, a Moon city could possibly be completed in under 10 years, while a similar settlement on Mars would likely require more than 20.

“For those unaware, SpaceX has already shifted focus to building a self-growing city on the Moon, as we can potentially achieve that in less than 10 years, whereas Mars would take 20+ years. The mission of SpaceX remains the same: extend consciousness and life as we know it to the stars,” Musk wrote in a post on X.

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Musk highlighted that launch windows to Mars only open roughly every 26 months, with a six-month transit time, whereas missions to the Moon can launch approximately every 10 days and arrive in about two days. That difference, Musk stated, allows SpaceX to iterate far more rapidly on infrastructure, logistics, and survival systems.

“The critical path to a self-growing Moon city is faster,” Musk noted in a follow-up post.

Mars still matters, but runs in parallel

Despite the pivot to the Moon, Musk stressed that SpaceX has not abandoned Mars. Instead, Mars development is expected to begin in about five to seven years and proceed alongside the company’s lunar efforts.

Musk explained that SpaceX would continue launching directly from Earth to Mars when possible, rather than routing missions through the Moon, citing limited fuel availability on the lunar surface. The Moon’s role, he stated, is not as a staging point for Mars, but as the fastest achievable location for a self-sustaining off-world civilization.

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“The Moon would establish a foothold beyond Earth quickly, to protect life against risk of a natural or manmade disaster on Earth,” Musk wrote.

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Elon Musk confirms Tesla Semi will enter high-volume production this year

Musk shared his update in a post on social media platform X.

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Credit: Tesla

Elon Musk has confirmed that Tesla will begin high-volume production of the Class 8 all-electric Semi this year. 

He shared his update in a post on social media platform X.

Musk confirms Tesla Semi production ramp

Tesla CEO Elon Musk reaffirmed on X that the Semi is finally moving into volume production, posting on Sunday that “Tesla Semi starts high volume production this year.”

The update comes as Tesla refreshed its Semi lineup on its official website, an apparent hint that the program is transitioning from limited pilots into wider commercial deployment. As per Tesla’s official website, two variants of the Semi will be offered to consumers: Standard and Long Range.

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The Standard trim offers up to 325 miles of range with an energy consumption rating of 1.7 kWh per mile and a gross combination weight rating of 82,000 pounds. The Long Range version pushes driving range to 500 miles, with Tesla noting a higher curb weight of about 23,000 pounds, likely due to a larger battery pack.

Both trims support fast charging, with Tesla stating that the Semi can recover up to 60% of its range in 30 minutes using compatible charging infrastructure.

Broader Tesla Semi rollout

Tesla has already delivered production Semi units to select partners, including snack and beverage giant PepsiCo as well as logistics behemoth DHL, which confirmed that its truck operates daily in California, traveling roughly 100 miles per day and requiring charging just about once a week.

The company has also partnered with Uber Freight, as noted in a Benzinga report, with Tesla executives previously describing the agreement as a way for fleet operators to experience the Semi’s lower operating and maintenance costs firsthand.

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With Musk now publicly committing to high-volume production, the Semi appears poised to move beyond pilot programs and into scaled commercial use, an important step in Tesla’s wider push to electrify heavy-duty and long-range trucking.

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Tesla tops France reliability rankings, beating Toyota for the first time

The milestone was celebrated by CEO Elon Musk on social media platform X.

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Credit: Tesla

Tesla has overtaken Toyota to become France’s most reliable car brand in 2025, as per a new nationwide reliability ranking published by Auto Plus magazine.

The milestone was celebrated by CEO Elon Musk on social media platform X.

Tesla tops reliability ranking in France

Tesla ranked first overall in Auto Plus’ 2025 reliability study, surpassing long-time benchmark Toyota across all powertrain types, including gasoline, hybrid, and electric vehicles.

The ranking, published on February 6, 2026, evaluated early problems reported in 2025 on vehicles registered in France since January 1, 2018, with fewer than 150,000 kilometers on the odometer, as noted by a Numerama report. This marked Tesla’s first appearance in the magazine’s reliability rankings, which was enabled by the company’s growing vehicle population in the French market.

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According to the publication, Tesla vehicles showed no recurring major defects beyond isolated suspension arm issues, which are covered under the company’s four-year or 80,000-kilometer warranty. Other reported issues were described as minor, including occasional screen glitches and door handle concerns.

Why this ranking differs from earlier criticism

Tesla’s top placement contrasts sharply with past assessments from the German Automobile Club (ADAC), which previously ranked the Model 3 and Model Y low in its technical inspection reports. Auto Plus noted that those inspections were focused heavily on factors such as brake disc wear, which are not necessarily the best benchmarks for overall vehicle reliability.

By focusing instead on real-world reliability data and early ownership issues, Auto Plus’ methodology offered a broader picture of how vehicles perform over time rather than how individual components age under inspection standards. The publication emphasized that electric vehicles, with far fewer moving parts than combustion-engine cars, are not inherently less reliable.

While the ranking supports the case that electric vehicles can match or exceed the reliability of traditional brands, the magazine acknowledged limitations in its analysis. Still, Tesla’s debut at the top of the list underscores how perceptions of EV durability are shifting as more long-term data becomes available in major automotive markets like France.

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