Tesla challenges Asian battery companies: who will win the race for super batteries?



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For Tesla boss Elon Musk, the visions can always be a little bigger. When the businessman began his long-awaited “Battery Day” on Tuesday this week, he first showed a photo of San Francisco in the red light of the fires in early September, followed by the planet’s rapidly rising temperature curve. .

The businessman spoke of saving the world. And Musk already had the solution of how to do it ready: with batteries.

“Broadly speaking, we need 20 to 25 terawatt hours of battery production per year for the next 15 to 25 years to transition the world to renewables,” he calculated. That is more than 100 times the current production capacity. Who will develop the technology for it? Well, who already! Musk.

“We are trying to reinvent all aspects of battery production, from mineral extraction to finished battery,” the electric visionary told his audience. He presented the blueprints at Tesla’s factory in Fremont, California, along with his chief engineer Drew Baglino. Musk and Baglino appeared looking like a black partner and, due to the coronavirus, spoke outside in front of only about 200 selected Tesla shareholders who stayed in their cars. As the duo performed onstage as Pennäler investigates in youth, Tesla fans recognized Musk’s ads with horns of approval.

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