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Tesla Battery Day

Tesla's delayed shareholder meeting and "Battery Day" kicked off on Tuesday afternoon outside the company's Fremont, California, factory.
Following a short formal portion of the meeting, CEO Elon Musk gave a review of the company's progress over the past year with heavy emphasis on software and manufacturing.
Musk touted new battery improvements that could make manufacturing cheaper and provide more power.

Tesla's highly anticipated Battery Day presentation kicked off about 2:40 p.m. local time, with Drew Baglino, the senior vice president of power train and energy engineering, joining Musk on stage.

"The three parts of a sustainable-energy future are sustainable-energy generation, storage, and electric vehicles," Musk said. "So we intend to play a significant role in all three."

But to get there, the world needs to produce 10 terawatt-hours' worth of energy per year, Musk said. That's 100 times more than Tesla's current production level.
















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