UPDATE ON TESLA POSITION — EXCELLENT VISION OUTLINED AT THE BATTERY DAY
Musk outlined an excellent vision at the ‘Battery Day.’ Here are the key points:
- Tesla (TSLA) says that silicone can store nine times more than lithium and graphite. In our analysis, Musk is right about storage but silicone currently has issues. These issues include cracks, loss of electrical contact and short life.
- Tesla is bringing battery production inhouse but no volume production is expected until 2022.
- TSLA unveiled tabless battery that significantly reduces cost.
- TSLA sees delivery rising 30 -40% in 2020.
- TSLA is confident that it can make a $25,000 electric car in three years.
Separating The Stock From The Company
At The Arora Report, we are fans of Tesla and see big long term potential in Tesla. … Please click here or the title below to read more.
September 23, 2020