In the race to make EVs more affordable, there are two clear winners in 2026: the Tesla Model Y and Chevrolet Bolt.

The LFP cells from LG’s Lansing plant will go directly into Tesla’s Megapack 3, unveiled in September 2025. The next-generation system uses larger 2.8-liter battery cells to deliver roughly 5 MWh of capacity per unit — up from 3.9 MWh in Megapack 2. Tesla also simplified the thermal management system, reducing connections by 78%.

Bank of America is making two bold, contrasting bets on the future of transportation: BofA reinstated Tesla with a Buy rating and a $460 price target, calling it the current leader in consumer autonomy,