The overall content of the Tesla Battery Day presentation might have been overwhelming for those who do not have a technical background in battery development but we are presenting here five big takeaways from the event-
- A cost of less than $100 per kWh — will be achieved and production-ready in less three years. That means a significant reduction in vehicle cost and the real likelihood that a mass-market, $25,000 Tesla will be available in three years.
- If Tesla can achieve (and it’s likely that it will) a 3 TWh battery production capability within the next decade a transition away from fossil fuels for most, if not all, energy needs will no longer be a pipe dream.
- The new paradigm that Tesla uses for building the “machine that builds the machine” is groundbreaking, representing substantial improvement that will increase production capacity and lower production costs.
- The the battery tech that was previewed during Tesla Battery Day will enable it to keep even the most able competitors at bay.
- Tesla and Musk care more about the stuff that really matters — the underlying tech infrastructure for building EVs — than they do about the “bling” of new vehicle designs every n years.
Much like SpaceX, this rate of progress could accelerate in the coming years. As Musk says, Tesla is a “hardcore engineering” company … and it shows in their relentless pursuit of improvement.
Reference- Battery Day Presentation, Clean Technica, The Verge, InsideEvs, Electrek, Bloomberg