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Cheapest Tesla ever is closer than ever? Panasonic readies new battery

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Tesla has a massive lead over rivals in the world of electric vehicles and CEO Elon Musk knows that Tesla will have to continue selling EVs in higher numbers 

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Already a key player in select markets where available, Tesla has also been looking to storm into newer markets with eyes on countries in Latin America and Asia, India included. 

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And with this in focus, Musk wants a Tesla EV that's more affordable than Model 3 for which, Panasonic is developing a more capable battery.

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Musk has already stated that this new and bigger battery - with larger volume and fewer cells  

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Panasonic has been working to develop a bigger ‘4680’ battery that it intends to sell to Tesla stating it has the capability to meet the demand of the EV major. 

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The company shared it has been working on the battery past year and a half 

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