Tesla CEO Elon Musk told a gathering of battery and power company executives this week that the automaker’s new battery technology, called Lithium-Ion, is ready for sale and that battery and battery sales could be “a lot faster.”
The comment came during a session at the Tesla Powerpack conference in Fremont, California.
The Tesla CEO made the comments to the audience of battery makers and technology companies, who are eager to hear more about the battery tech.
Tesla’s battery technology has been under intense scrutiny since late March, when the FBI shut down the company’s Palo Alto headquarters, where it had been building the batteries for the Model S. After the shutdown, Tesla announced it would be going to court to defend itself against accusations it misled the government about its lithium-ion battery technology.
Tesla had initially agreed to the court fight, but later withdrew that agreement and instead agreed to buy back some of the assets.
Tesla’s decision to buy out a key component of its battery technology — the production plant that built the batteries — was a key part of the company trying to prove that the batteries could work on the Model 3, which is currently slated for release in 2020.
Tesla has been a vocal proponent of battery technology that can work on both the Model 4 and Model X, but the company also has some of its own batteries in production.
In February, Musk told the Wall Street Journal that Tesla was in talks with the battery makers to produce lithium-Ions for both the Tesla Model S and Model 3.
Tesla’s battery is the second-largest component of the Model X’s battery.
Musk also told the Journal that he expects the Model Y to use Tesla batteries as well.
Battery production could be a lot faster.
Musk told analysts in March that Tesla could have its battery capacity increase by 10-15 percent per year, and he said that battery production could begin in 2020, rather than 2020-2022.
However, Tesla is also planning to sell battery packs from the new battery factory in Fremon, and Musk said that he and other executives have been talking to the electric car company about the company doing that.
While Tesla’s plans for battery production seem to have stalled out, Musk said he is still bullish on the company and the company is on track to be a huge player in the auto industry.
Tesla has a total of nearly 2.2 million employees, and its production facilities employ about 15,000 people.
As for how battery sales will take place, Musk has no idea, although he said Tesla is working on ways to increase production and increase the number of battery packs available for sale.