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Company News

Musk says 'Battery Day' unveil will not reach high-volume production until 2022

Sept 21 (Reuters) - Tesla Inc Chief Executive Elon Musk said on Monday improvements unveiled at the electric-car maker’s “Battery Day” event would not reach serious high-volume production until 2022.

"This affects long-term production, especially Semi, Cybertruck & Roadster, but what we announce will not reach serious high-volume production until 2022," Musk tweeted here.

The carmaker’s shares fell 3% to $435.50 in extended trade. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Sriraj Kalluvila)

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