Published 4 years ago

Elon Musk announces first Tesla-made battery to get to $25,000 EV

Summary

Tesla's Battery Day finally happened Tuesday, drive-in movie theater style, with attendees sitting in parked Tesla cars. They were in the Fremont car factory lot facing a stage to hear about the next advancement in battery technology powering Elon Musk's electric vehicles.

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Times of India

Tesla's market value plunges after Elon Musk pushes back cheap battery dream by at least three years

Investors had expected two significant announcements at Musk's oft-touted "Battery Day": The development of a "million mile" battery good for 10 years or more, and a specific cost reduction target -- expressed in dollars per kilowatt-hour -- that would finally drop the price of an electric vehicle below that of a fossil fuel car.

4 years ago·India

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BBC News

Musk: $25,000 Tesla ready "in about three years"

Tesla's founder says new ways to make more efficient batteries will drive down the price of electric cars.

4 years ago·United Kingdom

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Yahoo News

Tesla’s Battery Suppliers Feel Shock From Musk’s Cost

(Bloomberg) -- Tesla Inc.’s Elon Musk cast a shadow of uncertainty over the sales prospects of his suppliers in Asia after unveiling a push to lower the cost of batteries for electric vehicles and underscoring the point by signaling that it will eventually start producing its own cells.Shares of LG Chem

4 years ago·Los Angeles, United States

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News18 India

Everyone Was Expecting Low Cost Battery from Elon Musk on 'Battery Day', He Delivered Nothing

Elon Musk promised over the next several years to slash battery costs in half with new technology and processes and deliver an “affordable” electric car.

4 years ago·India

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The Guardian

Elon Musk says cheaper, more powerful electric vehicle batteries are 3 years off

Tesla CEO acknowledged the design and manufacturing process of the new cells, which he says will be half as expensive, is not complete

4 years ago·London, United Kingdom

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Reuters

Tesla CEO promises radically better electric car batteries at half the cost

By Tina Bellon Sep 22 - Tesla Inc <TSLA.O> CEO Elon Musk announced Tuesday that the company's new generation of batteries for electric vehicles will be more powerful, durable and half as expensive as current cells. Tesla's new, larger, cylindrical cells, called 4680s, will provide five times more power, six times more power, and 16% more power.

4 years ago·United Kingdom

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