[ad_1]
Tesla Inc. CEO Elon Musk opened a long-promised event Tuesday showcasing advancements in battery technology, the fuel in the race between the Silicon Valley automaker and its rivals to win the races. sales of electric vehicles.
The so-called Battery Day began shortly after Musk addressed Tesla’s annual shareholders meeting, his first such meeting since the pandemic broke out. After Tesla increased deliveries by 50% last year, Musk told shareholders that he expected growth of 30% to 40% in 2020 despite it being “the most difficult year of Tesla’s existence.” The company has had a record profit streak and a new production facility has been launched in China.
The meeting, which had been delayed by the Covid-19 outbreak, was taking place at a Tesla facility in Fremont, California. A limited number of in-person attendees were seated in Tesla cars parked in front of a stage that was framed by the company’s future products.
Musk called it the “Tesla drive-in movie theater.” He joked, “It’s a bit difficult to read the room with everyone in cars,” even when he was greeted by a chorus of speakers.
The proceedings were also streamed online.
