CEO of Tesla Elon Musk called on Sunday the indicative date for the shareholders meeting – 15 September. The meeting will combine with the event “Battery day” (Day battery), which will be announced considerable progress in the development of battery technology.
Event “Battery Day”, which Musk called “one of the most exciting days in the history of Tesla”, was previously scheduled for may and a shareholders meeting was held on 7 July. Both events were postponed due to the pandemic coronavirus.
Yes, but we will have to postpone the annual shareholder meeting, as still no large gatherings allowed by July 7th. Not sure of new date, but am guessing maybe a month or so later.
— Elon Musk (@elonmusk) June 20, 2020
Event “Battery Day” will include a tour of the production system elements battery the company wrote Musk on Twitter, without going into details.
Tesla is developing with Contemporary Amperex Technology Ltd. (CATL) the new battery designed for a total run of about one million miles (1.6 million km), which will allow Tesla to sell electric cars with the benefit for the same price or cheaper than gasoline cars, told Reuters sources familiar with the plans of the company.
With a global fleet of more than 1 million electric cars that can connect and distribute electricity in the network, Tesla intends to achieve the status of an energy company that competes with traditional energy providers like Pacific Gas & Electric and Tokyo Electric Power, said these sources.
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Note that the information sources about the cheaper batteries are not the same that recently announced Wuzun Zeng (Zeng Yuqun), Chairman of the CATL. According to him, the batteries will be 10% more than the offer currently on the market.