International Battery Metals Ltd (IBATF)

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2d Qtr Results & Giga Texas Impact! Boring Tunnel Progress! 24 July 2024 Giga Texas Update (07:45AM)

The video introduction covered many highlights and significant updates that will affect Giga Texas going forward, including the production ramp of the Cybertruck and 4680's, including a breakthrough in dry cathode manufacturing.

We also hear updates and timelines for the next few vehicles which will be produced at Giga Texas starting early 2025, the Robotaxi which will include the new "unboxed" process and it was announced the Optimus Robot will be built in large numbers at Giga Texas starting late 2025 and into 2026. We also got an update on the Robotaxi event will be held on 10 October, 2024.

In addition, Tesla's 2Qtr financial report had a significant Easter egg in this image titled “coatings shop”! Earlier this month, the new TKS modular e-coating system came online & the obvious indication is the black coating on the Cybertruck bodies versus the earlier gold. I saw this during my tour, but could not tell you about it until now. This is a big deal because the Cybertruck line & parts no longer share the Model Y e-coating system, improving efficiency, streamlining production lines & building capacity. Now you know!