Tesla has delayed its battery day occasion once more, together with its annual shareholder assembly, as a result of coronavirus pandemic.
Each are actually tentatively set for September to permit for in-person gatherings.
Elon Musk has promised the forthcoming battery occasion to be one of many “most fun” in Tesla’s historical past.
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Tesla has postponed its annual shareholder assembly, initially set for July, to September due to the coronavirus, chief government Elon Musk stated over the weekend.
The investor assembly shall be mixed with Tesla’s deliberate “battery day” occasion, which was initially set for June in Texas after being delayed as soon as earlier than due to the pandemic, Musk stated.
Tesla confirmed the plans in a regulatory submitting Monday , and famous that the brand new date shall be finalized at a later date.
It isn’t clear what, precisely, the corporate plans to spotlight or unveil at its forthcoming battery occasion, however Musk has touted it as one of many “most fun” in Tesla’s historical past.
“We wish to go away the thrilling information for that date,” he instructed buyers in April. “There shall be quite a lot of thrilling information to inform.”
Wall Street’s desperate to see what Musk has in retailer, and shares of Tesla proceed to climb. The stock handed $1000 once more in buying and selling Monday, closing in on one other document excessive.
“Cross-referencing market information helps expectations Tesla will disclose new benchmarks in power density cell price, cobalt-free and long-duration batteries, mainly Half three of the ‘Grasp Plan,'” analysts at Jefferies stated in a word to shoppers. “Main in Million-mile battery has profound implications for decrease life-cycle emissions, automobile design (powertrain life 2-3x longer than present ICE) and decrease/delayed recycling necessities.”
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