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Until that happens, customers will have to be patient, Musk noted Tuesday night (local time) at a highly anticipated company event. The conversion of production will take about three years.
Musk’s goal is to reduce the cost of battery technology and production so significantly that Tesla can sell autonomous electric cars for the equivalent of just under 23,000 francs.
“We don’t have an affordable car,” he said. “We will have that in the future. But to do this, we have to reduce the cost of batteries, “Musk emphasized on” Tesla Battery Day. ” His appearance, which was broadcast on the Internet, was followed by more than 270,000 viewers.
New generation of batteries
The Tesla boss promised a new generation of batteries. These should be significantly more powerful and durable than the current ones and only cost half. It should practically do without the expensive heavy metal cobalt.
There are also plans to recycle battery cells at the gigafactory in Nevada. The company is still about three years away from mass production. The new battery cells will initially be produced on a new assembly line near the factory in Fremont, California.
The stock market is disappointed
The prospect of a sharp drop in Tesla car prices disappointed investors. Shares of Tesla fell 4.5 percent in after-hours trading after they had already lost 5.6 percent in regular trading.
