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Tesla: Fans are looking forward to Battery Day - corporate boss Elon Musk even forced to react unusually

2020-09-23T10:17:06.339Z


Tesla will convene its shareholders for the annual general meeting on Tuesday. Group boss Elon Musk then gives an overview of where batteries are headed. The fans are electrified.


Tesla will convene its shareholders for the annual general meeting on Tuesday.

Group boss Elon Musk then gives an overview of where batteries are headed.

The fans are electrified.

Munich - When

Tesla

* boss

Elon Musk

appears in public, it quickly causes brand fans to snap.

But the

Battery Day

announced for this evening (Tuesday, September 22) following the Annual General Meeting will

lead to previously unimagined states of excitement even on the upward Elon Musk scale.

“Darth Vader takes a shower before driving to Battery Day,” writes a user and posts a photo of his Tesla Model 3, which is being pimped up in the car wash especially for the trip to Fremont, California.

Another user painted her fingernails black and put a Tesla logo on top of the alleged Mecca of e-car construction.

ready for battery day!

i'm beyond grateful that i get to be there in person 🖤 pic.twitter.com/mEc4fKACE2

- danielle x (@lovemesomemusk) September 19, 2020

But

Elon Musk

has recently stoked the tension in the run-up to the first battery day of the electric car pioneer.

Lots of "exciting things are being announced", the multi-entrepreneur drummed on Twitter in mid-September and, to be on the safe side, hung a high-voltage sign on the back.

Many exciting things will be unveiled on Battery Day 9/22 ⚡️

- Elon Musk (@elonmusk) September 11, 2020

The high-voltage announcement created a buying mood in the markets.

While most tech stocks weakened to themselves,

Tesla shares

* made up around 20 percent within four days.

In the meantime, the euphoria surrounding Battery Day had become so great that Musk tried to dampen expectations again on Monday.

Things will be shown that will affect production from 2022, Musk tweeted unusually meekly.

Tesla: Elon Musk could present that tonight

Now the augurs are puzzling what the

Tesla

boss could report tonight.

A few things are particularly in focus.

An overview:

Tesla: Battery Life

Tesla

could possibly

announce significant improvements in the durability of the batteries

tonight in Germany

, writes

DZ Bank

analyst

Matthias Volkert

, referring to relevant industry reports in a current report.

According to this, the life of future

Tesla

energy storage systems

could be

a million miles.

This would be "around three times the current term".

Tesla

currently grants

a warranty of eight years or 160,000 kilometers on its energy storage.

However, the one million mile vision also appears otherwise very ambitious.

Because even if the batteries were to last the equivalent of 1.6 million kilometers in the future, that would be considerably more than the rest of the car could handle.

Tesla: battery costs

There is also speculation that

in the not too distant future

the

Tesla

developers could succeed in undercutting the $ 100 mark for the battery price per kilowatt hour.

However, DZ Bank puts a question mark on such reports.

In the previous year, the average price for the kilowatt hour in the industry was a good 120 dollars; in 2018 it was around 150 dollars.

Tesla: energy density

Tesla

is very good at putting more energy in the same battery space.

This is important because the battery space in the car is limited.

Anyone who gets more energy from the same battery volume wins the race in the battle for the best range.

Tesla does extremely well here.

With the Tesla Model S, drivers can cover almost 600 kilometers with one charge.

For comparison: the Audi e-tron covers almost 450 kilometers.

Tesla: New Battery Deals

Tesla

works closely with

Panasonic to

produce the batteries

.

The Japanese supply the battery cells, and

Tesla

then assembles the cells into high-performance batteries at its plant near Reno in the US state of Nevada.

Tesla

boss Elon Musk

could possibly

get another strategic partner on board in addition to Panasonic tonight, German time.

In addition, industry experts speculate in connection with the planned plant in

Grünheide

about whether Musk could give insights this evening as to who could supply the battery cells for the future plant in Brandenburg.

In addition to Panasonic,

CATL

or

LG Chem

would also be

considered.

Tesla: The cobalt question

Tesla

wants to reduce the use of cobalt in batteries.

Because cobalt is expensive.

And with the cobalt ore mined in the Congo in particular, child labor is the order of the day.

Large battery cell suppliers such as Panasonic or CATL are therefore working flat out on the production of cobalt-free battery cells.

Tesla

could possibly

announce tonight that it will switch completely to cobalt-free battery cells in the medium term.

* Merkur.de is part of the nationwide Ippen digital network.

Source: merkur

All news articles on 2020-09-23

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