Tesla’s ‘Battery Day’ event is scheduled for September 22nd

“Tesla, Inc. (“Tesla”) introduced currently that its 2020 Yearly Meeting of Stockholders (the “2020 Yearly Meeting”) will be held in man or woman on Tuesday, September 22, 2020, at two:30 p.m. Pacific Time, at Tesla’s Fremont Factory located at 45500 Fremont Blvd, Fremont, CA 94538. Qualified stockholders may also go to Tesla’s different Battery Working day presentation, which will be held on the exact same day, with supplemental particulars to be introduced at a later on time. No official stockholder organization will be executed at this sort of presentation. Tesla intends to webcast the two functions reside.”

The business was originally likely to focus on its powertrain and battery developments at the presentation, which was intended to consider put in April. Because Tesla needed it to be an in-man or woman function attended by stockholders, while, it was pushed back a few instances owing to coronavirus-associated constraints. The character of the function advanced, as nicely, to target only on batteries.

Electrek formerly noted that Tesla intends to expose the developments from its secret Roadrunner project at the presentation. The project reportedly aims to make much less expensive battery cells on a huge scale in buy to make it possible for the business market electric powered vehicles at the exact same rate as gasoline vehicles even without having subsidies. It is particularly hunting to convey battery expenditures down to beneath $100 for each kWh. Tesla will seemingly incorporate its mass generation options for the much less expensive cells as part of its announcement.