Tesla chief executive Elon Musk has said September 15 is the tentative date for the company’s shareholder meeting as well as “Battery Day”, at which the electric-car maker is expected to reveal significant advances in battery technology.
The battery event, which Musk has touted as being “one of the most exciting days in Tesla’s history”, was previously scheduled for May and the shareholder meeting was due on July 7.
Tesla said in a regulatory filing on Monday it was postponing the shareholder meeting “due to continuing restrictions on in-person gatherings imposed by the relevant governmental authorities”.
The company did not confirm the September 15 date in the filing, but attached an image of Musk’s tweet from Sunday night and said it would announce details, including the date, location and format at a later date.
The Battery Day will include a tour of the company’s cell production system, Musk tweeted, without elaborating.
Tesla and China’s Contemporary Amperex Technology are jointly developing batteries designed to last 1 million miles (1.6 million kilometres) of use and enable electric Teslas to sell profitably for the same price or less than a petrol vehicle, people familiar with the plans have said.
With a global fleet of more than 1 million electric vehicles that are capable of connecting to and sharing power with the grid, Tesla’s goal is to achieve the status of a power company, competing with such traditional energy providers as Pacific Gas & Electric and Tokyo Electric Power, those sources said.
Extracted from AFR