Investors and analysts have their eyes on Tesla’s ‘Battery Day’ on Tuesday, anticipating some major announcements.
CEO Elon Musk and his team could have some surprises in store, but with new car factories operating, planned, or under construction on three continents, the critical issue to address is battery supply.
Meanwhile, General Motors has been promoting its own, competing Ultium technology since the beginning of 2020.
Tesla and GM are using different battery designs, but thus far, only GM has treated its batteries as a distinctive brand.
Tesla is holding an annual shareholders meeting and a much-anticipated “Battery Day” on Tuesday, with investors and analysts expecting some big announcements from the company. Musk has promised “many exciting things” and a “very insane” event.
Batteries and battery management technologies are the most