Tesla CEO Elon Musk Says Sees No Immediate Boost From ‘Battery Day’ Tech Unveil

Tesla Chief Executive Officer Elon Musk said on Monday improvements to be unveiled at the electric-car maker’s “Battery Day” event would not reach “serious high-volume production” until 2022, knocking its shares lower.

Many analysts and industry officials expected Musk to unveil battery improvements at the widely-anticipated event, extending the automaker’s lead over General Motors, Volkswagen and other rivals.

In a tweet ahead of the event scheduled for Tuesday, Musk said: “This affects long-term production, especially Semi, Cybertruck & Roadster, but what we announce will not reach serious high-volume production until 2022.”

Musk also said Tesla intends to increase battery cell purchases from suppliers Panasonic, South Korea’s LG and China’s CATL, and possibly with other partners as well.

Despite the cell suppliers’ working at maximum speed, Tesla automaker still expects significant shortages in 2022 and beyond, he added.

Shares of the car maker were last down more than 5 percentĀ at $425.50 (roughly Rs. 31,300) in extended trade.

Tesla is working to produce new, bigger battery cells with higher energy capacity at its own manufacturing facility in Fremont, two people familiar with the matter have told Reuters. They said the battery cell would have a diameter of 42 mm,

Handbook Of Analysis On Cellular Gadgets And Smart Gadgets In K

The US International Commerce Commission (ITC) has announced that it will launch a probe on Apple, Samsug and different tech firms that manufacture sure touch units. Children and technology – adore it or hate it, good gadgets are in your children’s lives and they’re here to stay. Offering many nice alternatives for more engaged learning, technology can assist a baby’s progression in topics that historically have had a repute for struggling to engross pupils, similar to math or physics. Nonetheless, expertise has another shameful perk. Though we hate to admit it, smart units also act as a digital babysitter, preserving our youngsters quickly occupied and quiet. Parenting is hard – just getting a free hour to prepare dinner can feel often feel near impossible. The lure of just popping a pill in your child’s palms is understandably tempting. However is something that so simply pacifies a baby too good to be true? With 5-sixteen-year-olds now spending an average of over 6 hours a day looking at a cell phone or display screen , worrying patterns are starting to emerge between kids and know-how.

What we are seeing is the decline of the basic African liberation movement and the proliferation of …