Elon Musk promises affordable Tesla and to halve price of EV batteries

About This Source - The Telegraph

The Daily Telegraph, known online as The Telegraph, is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as Daily Telegraph & Courier.

Recent from The Telegraph:

  • US President Donald Trump says he voted for ‘guy named Trump’ in Florida
  • Namibia: More than 7,000 dead seals found along coast, according to NGO
  • Chopper’s Politics: Are Charity bosses paid too much?
  • The Telegraph published this video item, entitled “Elon Musk promises affordable Tesla and to halve price of EV batteries” – below is their description.

    Tesla Inc CEO Elon Musk described a new generation of electric vehicle batteries that will be more powerful, longer lasting and half as expensive than the company’s current cells at Tesla’s “Battery Day” on Tuesday. Tesla’s new larger cylindrical cells, called 4680, will provide five times more energy, six times more power and 16% greater driving range, Musk said, adding that full production is about three years away. “We do not have an affordable car. That’s something we will have in the future. But we’ve got to get the cost of batteries down,” Musk said. To help reduce cost, Musk said Tesla planned to recycle battery cells at its Nevada “gigafactory,” while reducing cobalt — one of the most expensive battery materials — to virtually zero. It also plans to manufacture its own battery cells at several highly automated factories around the world.

    The Telegraph YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Elon Musk

    Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

    5 Recent Items: Elon Musk

  • Tesla Powerwall Rival Seeks to Bring Hydrogen Into Your Home
  • SpaceX to Launch Satellite to Track Rising Sea Levels
  • SpaceX to Launch Satellite Tracking Rising Sea Levels
  • SpaceX Completes Falcon 9 Launch of 60 Internet-Beaming Starlink Satellites
  • SpaceX successfully launches 13th mission of Starlink satellites
  • Leave a Comment