Skip to content
Subscriber Only

Musk Gets Shot to Deliver on Tantalizing ‘Battery Day’ Hints

  • Analysts say EV maker may reveal reduction in battery costs
  • Shift in supplier partnerships could follow global expansion
Bloomberg business news
Elon Musk: The Man, The Myth, The Meme
Updated on

Tesla Inc. will provide a highly anticipated technology update on Tuesday when Elon Musk takes center stage at an event the chief executive officer has dropped hints about for months -- and which has helped propel the company’s sky-high valuation.

The “Battery Day” presentation, which follows the annual shareholders meeting, is expected to showcase innovations designed to keep the company’s lead in electric cars as rivals flood the market with new battery-powered vehicles over the next couple of years.