ELON MUSK, TESLA WILL STAKEOUT ITS TECHNOLOGY
BY: SNEHA CHAUDHARY
- Tesla technology will stake out the Road Map and raise the interest of investors
- Improvement in the tiniest batteries can make a huge impact on upcoming electronic cars.
- Electronic cars may become the mostexpensive part.
On Tuesday onwards, Tesla provides a high technology update on the electric world. Elon Musk has marked an event and the Chief Executive Officer has dropped hints about sky-high valuation which helped to propel the company.
The presentation is about “Battery Day” where the annual shareholders will follow in the meeting, and the meeting is about to showcase the innovations designed of the company to keep the lead in electric cars and also shows the up and down flood market. The invention of a new battery will power the vehicles over the next couple of years.
In the upcoming time, Musk could talk about the demand for Tesla”s vehicles and also give an update to his shareholder about new factories in Berlin and Austin, Texas. Shares of the company closed at $449.39 in New York trading, up 1.6% falling as much as 7.9% earlier in a day.
Tesla has been working on a lot of stuff about making the battery and trying to manufacture as much as cheaper. Launching a new recipe for a battery is relevantly a new revolutionary structure. Fans and rivals are still guessing about, Musk’s next step he hasn’t revealed his seven educated guesses is still about to unveil.
As we expect an update on its relationship with cell partners like Panasonic and CATL, seeing the opportunity of scale in both vehicle and stationary power, Tesla continues to work closely with several battery suppliers to maximize the scale of production with key remaing steps in Tesla facilities.
