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

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.

That's quite dramatic.

Good

1.58 trillion dollar company y'all.

I hope I can still get some of those cells for a jumbo flashlight