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Report: Tesla is prototyping its own batteries

Five current and former Tesla employees say the company is prototyping its own "advanced lithium ion battery cells," CNBC reports.

Why it matters: Creating its own batteries could allow Tesla to "offer cheaper, higher-performance electric vehicles than it does today, without having to pay or share data and resources with outside vendors or partners," per CNBC. Tesla currently relies on Panasonic to develop its batteries.

Go deeper: Billion-dollar bets on electric vehicles await payoff

Go deeper

Rebecca Falconer
6 hours ago - Politics & Policy

In photos: D.C. and U.S. states on alert for pre-inauguration violence

National Guard troops stand behind security fencing with the dome of the U.S. Capitol Building behind them, on Jan. 16. Photo: Kent Nishimura / Los Angeles Times via Getty Images

Security has been stepped up in Washington, D.C., and state capitols across the U.S. as authorities brace for potential violence this weekend.

Driving the news: Following the Jan. 6 insurrection at the U.S. Capitol by some supporters of President Trump, the FBI has said there could be armed protests in D.C. and in all 50 state capitols in the run-up to President-elect Joe Biden's inauguration Wednesday.

See photos (<1 min. read)Arrow
Axios
14 hours ago - Politics & Policy

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

Deep Dive (5 min. read)Arrow
Oriana Gonzalez
14 hours ago - Politics & Policy

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

Go deeper (1 min. read)Arrow

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