Tesla’s value drops by $50bn after Elon Musk’s ‘Battery Day’ presentation

Electric car tycoon pledges to roll out $25,000 fully autonomous vehicle - in three years

Tesla CEO Elon Musk
Electric car tycoon pledges to roll out $25,000 fully autonomous vehicle - in three years  
(Image credit: STR/AFP via Getty Images)

Tesla is on track to manufacture a new generation of electric vehicle batteries that will be more powerful, cheaper and longer lasting, Elon Musk has announced.

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Mike Starling is the former digital features editor at The Week. He started his career in 2001 in Gloucestershire as a sports reporter and sub-editor and has held various roles as a writer and editor at news, travel and B2B publications. He has spoken at a number of sports business conferences and also worked as a consultant creating sports travel content for tourism boards. International experience includes spells living and working in Dubai, UAE; Brisbane, Australia; and Beirut, Lebanon.