Israel-based StoreDot, a manufacturer of extreme fast charging battery technology for electric vehicles, publicly demonstrated its ability to charge a full-scale EV cell with enough energy for 100 miles in just 5 minutes. The demonstration took place at the EcoMotion Week 2022 event in Israel, where automakers like General Motors, Volvo, Ford, Continental, The Renault–Nissan–Mitsubishi Alliance, and Hyundai are present.
StoreDot’s demonstration featured a 300-millimeter by 100-millimeter pouch cell manufactured at EVE Energy’s manufacturing plant in China. For perspective, Tesla’s 4680 cell is 46 millimeters wide and 80 millimeters tall, while the 18650 cell is 18 mm wide by 65 mm tall. The battery was charged in under ten minutes, the time limit for the presentation. The cell charge to 20 Ampere-hour (Ah), exceeding the capacity projections for the demonstration, which was 0 percent to 80 percent.
The cell also maintained a charge rate capable of adding 100 miles of range every 5 minutes it is charging. The battery never exceeded 33 degrees Celcius, or 91.4 degrees Fahrenheit, which is well below StoreDot’s recommended operating temperatures, which are set by the company’s engineers. StoreDot also stated that the cell performed at optimum levels in every critical parameter.
The demonstration “further validates StoreDot’s ‘100inX’ strategic technology roadmap,” the company said. StoreDot plans to transform automotive travel with more solutions that offer rapid or extreme fast-charging solutions to automakers and their customers. It also plans to deliver 100 miles in 5 minutes by 2024, 100 miles in 3 minutes by 2028, and 100 miles in 2 minutes by 2032.
Tesla’s 4680 cell replicated by StoreDot who claims 10-minute charge time
“Today’s demonstration represents the successful passing of another milestone on StoreDot’s ambitious technology road map,” StoreDot’s Vice President of Research and Development Yaron Fein said. “Our intensive development program has already delivered batteries capable of exceeding 1200 consecutive extreme fast cycles and we aim to complete the scaling up of more than 1000 cycles in our EV-size cells by the end of this year. We remain poised to achieve 100in5 by 2024, whilst remaining firmly on track to deliver our ultimate goal of 100in2 by 2032.”
StoreDot CEO Doron Myersdorf addressed a panel at the 2022 EcoMotion event where he discussed and advocated for drastic improvements in EV battery charging times. Myersdorf said it was essential for companies to improve charging times as it would accelerate the trend to mass electrified mobility. When people can charge their cars in the same amount of time as they can fill up their tank with gas, customer behavior will change and encourage green mobility, Myersdorf said.
“Successfully proving StoreDot’s extreme fast-charging battery technology in front of a live audience demonstrates the complete confidence we have in our roadmap to deliver a global step-change in electric mobility,” Myersdorf said about the StoreDot battery presentation. “Away from the stage, our transformative technology continues to undergo testing by leading automotive manufacturers in grueling conditions, ensuring no stone is left unturned in the strategic pursuit of delivering excellence to our customers and consigning EV range anxiety to the history books.”
Watch the StoreDot demonstration below:
Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”
SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.
It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.
Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.
Just a little bit later, Musk said children across the U.S. would be getting a share from him:
Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many.
— Elon Musk (@elonmusk) October 19, 2026
There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.
Elon Musk revealed in a post on X that “Permits were impossible to get,” explaining the fate of The Boring Company’s most ambitious East Coast proposal.
The comment responded to a query about what became of his July 20, 2017 announcement that he had “just received verbal govt approval” for an underground Hyperloop connecting New York City, Philadelphia, Baltimore, and Washington, D.C., capable of carrying passengers from the Big Apple to the Nation’s Capital in just 29 minutes.
The Boring Company receives verbal ‘approval’ to build NY to DC Hyperloop tunnel
The 2017 post, which envisioned city-center stations and multiple elevators in each city, sparked immediate scrutiny. Local and state officials in New York, Philadelphia, Baltimore, and D.C. said they had no knowledge of any approval. A White House spokesperson confirmed only “promising conversations” about the transformative infrastructure.
Musk clarified shortly after that there was “still a lot of work” to do for formal approvals.
@cybrtrkguy Permits were impossible to get
— Elon Musk (@elonmusk) October 19, 2026
Limited progress followed, as Maryland Governor Larry Hogan’s administration issued a conditional utility permit and supported work near Fort Meade. In 2018, Washington, D.C., granted a preliminary permit for site preparation and excavation on a vacant lot at 53 New York Ave. NE in the NoMa neighborhood, which The Boring Company said could become a station.
A draft environmental assessment for a D.C.-Baltimore segment was released in 2019. Yet, by April 2021, the company had removed the project from its website, and the Federal Highway Administration reported receiving no indication of further interest. Communication with Maryland officials had ceased.
The full corridor would have required coordination among the District of Columbia, Maryland, Pennsylvania, New York, the Federal Highway Administration, the Army Corps of Engineers, the National Park Service, and other agencies.
Environmental reviews under the National Environmental Policy Act, utility clearances, and approvals for novel infrastructure added to the overall complexity of the project and its approval.
Speculation on the permitting barriers centers around a few factors, but a multi-state, multi-level route involving unproven high-speed vacuum-tube technology inherently triggers exhaustive safety, environmental, and engineering reviews that can stretch for years, even for conventional projects.
There are also other elements, of course, like officials who may face political exposure if a privately funded, untested system encountered anything such as cost overruns, delays, or safety issues. On the outset of this project, there were limited things such as engineering plans or demonstrated technology maturity, which also added to the potential skepticism.
The East Coast vision for Boring Co., once framed as a privately funded revolution that could reshape Northeast travel, quietly ended without construction of the promised network. Musk’s recent statement frames the outcome as a regulatory impasse, unfortunate but not unexpected.
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Elon Musk will give ‘every kid in America’ a SpaceX share in 2027
Elon Musk reveals why Boring Co’s biggest East Coast project never happened
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
SpaceX reveals how its 1 Million AI satellite network will work and prevent space collisions
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
