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Tesla shares plunge after Musk says better batteries three years away – The Australian Financial Review
The new cells will provide five times more energy, six times more power and 16 per cent greater driving range, CEO Elon Musk said at the company’s ‘Battery Day’.
Building an affordable electric car “has always been our dream from the beginning of the company”, Musk told an online audience of more than 270,000.
However, Musk described a new generation of electric vehicle batteries that will be more powerful, longer lasting and half as expensive than the company’s current cells .
Tesla’s new larger cylindrical cells, called 4680, will provide five times more energy, six times more power and 16 per cent greater driving range, Musk said, adding that full p…
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