Tesla is almost ready to launch their secret million mile battery that CEO Elon Musk was teasing investors with. This battery will allow electric vehicles to have the same profitability as petrol powered vehicles. This new application of the lower cost longer lasting battery is rumored to be starting only in China first, and will be available at the end of this year, or by the start of next year.
The battery is being built by Chinese battery giant Contemporary Amperex Technology Co. Ltd, and has been designed by top battery experts recruited by Elon Musk himself.
Originally Tesla was going to hold an event in April to show investors the new technology, however Covid 19 had delayed the efforts until further notice.
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