The “most amazing” day in Tesla’s history is set for late May

The “most amazing” day in Tesla’s history is set for late May

May 5, 2020 0 By autotimesnews

During a press conference on the financial results of the first quarter of 2020, Tesla CEO Elon Musk announced that the long-awaited Battery Day event will take place in less than a month – on the week between May 18 and 22 – either in California or Texas. It is expected that revolutionary developments in the field of batteries, which are hinted at by numerous company patents, will be presented to journalists and investors.

The first quarter of 2020 brought Tesla a surprisingly high income, despite the need to close the main factory for the production of electric vehicles because of the coronavirus, writes BI. Adjusted earnings per share were $ 1.24 instead of expected losses of $ 0.34, while earnings were $ 5.99 billion, not $ 5.8 billion, analysts had suggested.

    “Despite global difficulties, we were able to achieve the best results for the quarter in production and supply,” the company said. However, Tesla Semi truck deliveries are delayed until 2021, while Tesla intends to focus on ramping up Model Y production.

Musk paid special attention to advertising the so-called Battery Day, a conference that was supposed to take place in April, but was postponed due to the pandemic to the end of May. Her head of the company called the “most amazing” event in the history of Tesla. Most likely, it will be held in Texas – on May 1, the state governor removes quarantine measures from the business and allows six people to gather. Musk, an opponent of strict isolation, met this initiative with a bang.

Announcing the “Battery Day” in the past, Musk described the event as “a comprehensive overview of the chemistry of batteries, modules and batteries, architecture and a production plan with a clear strategy for reaching terawatt-hour per year.”

Musk also stated that he was “extremely confident” that by the end of this year, the advanced Autopilot driver assistance system would reach such a level of development that he would be able to independently transport the Tesla owner from home to work and back without human intervention in driving. Testing the advanced version of Autopilot is close to achieving this, Tesla added.

Last year, Tesla held the “Autonomy Day”, which showed journalists, investors and analysts their achievements in the field of autopilot technology. In particular, then it became known that in a couple of years the steering wheel and pedals in an electric car will become an optional option, and the only control element will be a large display for choosing a route.