Tesla not worthy enough to be powered by CATL batteries. There are tonnes other Chinese EV makers besides BYD that make same or better cars than Tesla.
Berkshire's Charlie Munger said that their investment BYD is so far ahead of Tesla in terms of EV sales in China that it is 'almost ridiculous,' and those tepid sales there are starting to bite. CATL is extending an offer to cut battery prices in half to its main customers, and Tesla is not among them.