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Tesla ‘Battery Day’ has been delayed yet again

CEO Elon Musk now says the event will be held “after July 4th” 

Tesla’s long-awaited ‘Battery Day’ has been further delayed. The event, which is expected to showcase the company’s next-gen battery and powertrain tech, was originally set to take place in April but COVID-19 led to it being delayed until June, and now July.

Many are now speculating ‘Battery Day’ could coincide with Tesla’s annual shareholder meeting (which has also been pushed back to mid-late July).  Earlier this year, Musk spoke very positively about the event stating: “Actually, we don’t want to preempt Battery Day. We want to leave the exciting news for that day, but there will be a lot of exciting news to tell. And I think it would be one of the most exciting days in Tesla’s history and we’re just trying to figure out the right timing for that.”

So, what’s going to happen on the day? Well we reckon it could be primarily an update on Tesla’s quest to produce their own battery cells, something they are heavily invested in at the moment – as shown by their $218 million acquisition of Maxwell Technologies last year. The results of their Roadrunner project could also be revealed, with the firm hoping to eventually mass-produce batteries at $100 per kWh.



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