Tesla will hold its delayed shareholder assembly and Battery Day on September 22 at its manufacturing facility in Fremont, California.
The occasions will probably be held in person, however can even be streamed live, in accordance with Tesla’s announcement. After their assembly, shareholders are invited to attend the Battery Day presentation, and it stays to be seen if others shall be invited to observe.
The mixture of the shareholder assembly and Battery Day, as well as Fremont because the setting for the occasions, was raised as a possibility by Tesla CEO Elon Musk in June. The Fremont manufacturing facility was a site of controversy in May, when Musk decided to restart the facility in defiance of Alameda County guidelines surrounding coronavirus shutdowns.
There is not any certainty that the COVID-19 pandemic will probably be under control by September.
Battery Day delayed again
Tesla is anticipated to unveil a low-cost battery that can last as long as one million miles, which can make its electrical vehicles cost the identical and even lower than a gasoline-powered automobile. The batteries are anticipated to first appear in the Model 3 in China later this year or early 2021, earlier than arriving in different markets like North America.
Battery Day was initially deliberate for late May, however resulting from an anticipated low attendance, Tesla decided to go along with a webcast in June, adopted by an in-person occasion a couple of months later. The webcast didn’t push by, further delaying the revealing of the million-mile battery to September 22.
The new battery will use low-cobalt and cobalt-free chemistries, as cobalt drives up the price. Tesla is also planning to further scale back its cost by implementing automated manufacturing processes and bettering production rates throughout its factories.