Maraaz 
Tesla founder Elon Musk, held at his company’s factory in California, USA. He told investors about their future plans at the event called Battery Day. It learned that Tesla’s CEO’s new investment plans and production strategy did not satisfy many shareholders. Tesla shares lost about 6 percent immediately after Musk’s presentation. Investors sold nearly $ 50 billion worth of shares within a few hours as a result of disappointment. Thanks to Tesla’s newly developed battery in the next three years at this event, Musk. He announced that he will produce a car that will be released for 25 thousand dollars.
Electric vehicle company at the event, where investors each attended with their own Teslas. It reported how Tesla will develop its batteries in the coming period. Thanks to Tesla’s newly developed battery in the next three years at this event, Musk. He announced that he will produce a car that will be released for 25 thousand dollars.
Musk had previously said that Tesla will likely never produce a car under $ 35,000.
Thanks to the reduction of battery manufacturing costs thanks to Tesla’s development of its own batteries. Stating that vehicles can be produced cheaper, Musk also stated that this car will also be fully automatic.
The event also explained in detail how Tesla has made technical innovations in battery design and battery production capacity.
However, immediately after the presentation of Elon Musk, Tesla’s shares lost about 6 percent in value.
Investors at the event, Elon Musk’s 1 million range battery in 10 years. He was expecting a concrete project to reduce battery charging costs. However, this expectation was not met.
Tesla batteries cost $ 156 per KWh, according to 2019 data.
Tesla introduced a new sedan with a range of 520 miles, called the Model S Plaid.
