Tesla's Musk hints of battery capacity jump ahead of industry event

Tesla's Musk hints of battery capacity jump ahead of industry eventTesla Inc’s chief executive Elon Musk has suggested the U.S. electric carmaker may be able to mass produce longer-life batteries with 50% more energy density in three to four years. Researchers have said the energy density of Panasonic’s “2170” batteries used in Tesla’s Model 3 is around 260Wh/kg, meaning a 50% jump from the current energy density which is key to achieving a longer driving range. Tesla said its Battery Day will take place on the same day as its 2020 annual meeting of shareholders on Sept. 22.

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