Tesla's Musk sees no immediate boost from Battery Day tech unveil


Tesla Inc CEO Elon Musk said improvements to be unveiled at the electric-vehicle maker's "Battery Day" event would not reach "serious high-volume production" until 2022, knocking its shares down.

Analysts were expecting Musk to unveil at the event plans for Tesla to produce its own battery cell as it seeks to cement its lead over General Motors, Volkswagen and others.

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