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Tesla “Battery Day” event date is looking like April 2020, says Elon Musk

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Tesla CEO Elon Musk said the company is preparing to host a Battery Day for shareholders sometime after the first quarter, possibly in April. The announcement came during the earnings call following Tesla’s release of its Q4 2019 Update Letter.

Responding to a question from a participating investor about where Tesla stands in growing its battery capacity, Musk said that the company has already demonstrated massive improvement in growing the capacity of the cells, modules, and batteries it uses for its all-electric vehicles.

The CEO attributed part of the improvements to Tesla’s relationships with various battery partners, such as Panasonic, which is Tesla’s in-house supplier of lithium-ion batteries at Giga Nevada. Tesla also teamed up with other partners such as LG and CATL to produce battery packs for its cars produced in China. Aside from that, Musk declined to provide additional details on future plans for improving its battery technology, leaving investors to look forward to the upcoming Battery Day event later this year.

“We have a lot more to talk about this in detail in Battery Day probably April. We have a very compelling strategy. I mean, we are super deep in cell. Super deep. Cell through battery,” he said.

Tesla’s efforts to upgrade its batteries include the acquisition of California-based energy storage firm Maxwell Technologies, which was completed in May last year. Tesla’s interest in Maxwell primarily lies in the latter’s innovations in ultracapacitors and dry electrode technologies, which could potentially improve the company’s batteries.

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Prior to the acquisition, Tesla also submitted a patent for an idea to use electrolyte additives to improve the performance and lengthen the lifespan of lithium-ion cells. The patent, titled “Dioxazolones and Nitrile Sulfites as Electrolyte Additives for Lithium-ion Batteries,” provided details on how Tesla can significantly increase the lifespan and performance of its batteries by adding electrolyte additives such as lithium salt. Tesla also submitted another patent for using cold plates and heat pipes to reduce heat generated by the battery, thereby increasing the longevity of its energy storage systems.

The latest developments appear to be moving Tesla toward the completion of a 1-million mile battery. In April last year, Musk said that Tesla owners will soon be able to drive their cars for up to 1 million miles over the lifespan of their vehicles. This is equivalent to 20 years if the cells are used for energy storage systems. Tesla lead researcher Jeff Dahn and a team from the Dalhousie University physics and atmospheric science department have also developed pouch cells that can last 1 million miles or 20 years in a grid storage system.

Tesla’s huge lead in the electric vehicle market is due in part to its constant efforts to improve its battery technology. In fact, its batteries have improved so much over the years that the Model S is nearing a range of 400 miles. The published range for the luxury sedan is 373 miles, but Musk said during the earnings call that the actual range is somewhere in the 380s.

“S and X actually have more range than we are currently stating on the website. We just haven’t gotten around to updating the EPA […] number, but the actual range of the Model S and X are above what the website says they are,” he said. “Somewhere in the 380s, something like that.”

He also added that the 18650 lithium-ion cells that power the Model S and X have largely improved over the years, adding that further developments could raise the range of the Model S to 400 miles.

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“I think we’re pretty happy with the energy content of the cell and the improvements in the efficiency of the vehicle,” he said. “We’re rapidly approaching a 400-mile range for the Model S, for example.”

Battery Day is expected to be similar to Autonomy Day, which was held in April last year. The event, which was attended by investors and also available via livestream, was a full three-hour technical discussion of Tesla’s work on autonomous driving technology and how the company plans to achieve its goal of delivering fully self-driving cars.

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Tesla starts preparing for Optimus in its smartphone app

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Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.

Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:

A Dedicated “Robot” Phone Key Authentication

Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.

Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont

Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.

This is a great security feature that will eliminate at least face-value and low-level threats.

Home Data Collection and System Alerts

This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.

There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.

Other Changes

Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.

You can check out our coverage on what is included with the 2026 Summer Update here:

Tesla reveals 2026 Summer Update with crazy fixes to Nav and more

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Investor's Corner

Tesla Q2 Earnings: Here’s what to expect

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(Credit: Tesla)

Tesla (NASDAQ: TSLA) will report its earnings for the second quarter of 2026 this evening after market close, and investors and analysts are waiting anxiously to see what the company will report for the second three-month span of the year.

Analysts have already put out their expectations from a financial standpoint for the company’s second quarter, but what’s unknown is what Tesla plans to discuss during the call.

Financial Expectations

Wall Street consensus expectations put Tesla’s Earnings Per Share (EPS) at $0.53, while revenues are expected to come in around $26.4 billion.

This would compare to an EPS of $0.39 and $22.19 billion compared to Tesla’s Q2 2025. Last quarter, EPS came in at $0.41 on $22.387 billion of revenue. Additionally in Q1, Tesla beat analyst expectations, but shares dropped over 3 percent the following trading day.

What We Expect

In terms of discussions, Tesla earnings are pretty sporadic and depend on a handful of things, including current events, investor questions, and more.

Tesla uses a platform called Say to field questions from investors and analysts. These questions are what will be used during the call. Here are the top 5 from the Retail side and top 3 from the Institutional side:

Retail:

“Tesla has missed short-term guidance on robotaxi 3 earnings reports in a row, from 50% coverage of USA by end of 2025 to most recently 7 new cities in 1H26. What is keeping Tesla back from accomplishing these short term goals that they’ve set for themselves?”

“What are the main constraints to expanding robotaxi operations faster, and how do you see that lining up with Cybercab production?”

“What’s the current status of Optimus Gen 3 production ramp, initial deployment in factories, and external sales timeline/volume for 2027? What tasks can we expect the Optimus to perform by end of 2027?”

“To reward long-term Tesla retail shareholders for their loyalty, can you commit to achieving at least half of the goals outlined in your 2025 compensation plan before considering any offers to acquire or merge Tesla?”

“Why has growth of robotaxi vehicles stalled? When will we see cybercab start customer rides?”

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Institutional

“Previously, you’ve said Tesla would lead the R&D while SpaceX would lead production for Terafab. Can you provide an update on how that division of responsibilities is evolving, and any additional clarity on the expected capital contributions from Tesla and SpaceX?”

“For autonomous driving, Tesla’s fleet created a huge data advantage by collecting billions of real-world miles. That advantage doesn’t yet exist for Optimus. How should we think about data availability and its impact on Optimus development?”

“Why is it necessary to limit robotaxi operations within specific zones within cities to start? Will every city have to be rolled out this way?”
Tesla will report earnings for Q2 this evening with the Shareholder Deck at 4 p.m. ET, with the call starting around 5:30 p.m. ET.

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Elon Musk

Elon Musk handed Grok something no other AI company can get their hands on

Elon Musk says SpaceX will feed engineering data into Grok’s next model, avoiding restricted material.

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Artistic concept rendering of SpaceX data being incorporated into a Grok AI model

Elon Musk said Tuesday that SpaceX will feed its internal engineering data into the next major training run for Grok, the AI model now folded into SpaceX following February’s merger. In a post on X, Musk wrote that SpaceX’s “massive corpus of world-class engineering data,” excluding anything restricted under U.S. arms export law, will be added during supplemental training of what he called the “2T run,” a reference to a roughly two trillion parameter model that would nearly double the parameters behind the latest Grok 4.5 that’s rolling out.

The excluded material that Musk is referring to would fall under the International Traffic in Arms Regulations (ITAR), which restricts export of technical data tied to defense and space hardware. That likely rules out propulsion specifics for Merlin and Raptor engines along with guidance and control details for SpaceX’s launch vehicles, but leaves manufacturing knowledge, materials science, and Starlink hardware design on the table.

The announcement extends a pattern that has been building since SpaceX’s Nasdaq debut in June, when the company went public with Grok and xAI’s Colossus supercomputer folded into the pitch to investors.

Days after that listing, SpaceX closed its $60 billion all stock acquisition of coding startup Cursor, giving xAI both enterprise software distribution and a stream of real world developer data to train on. Grok 4.5 launched July 8 running partly on that Cursor training data, with Musk describing it as roughly comparable to Anthropic’s Opus 4.7 but faster and cheaper to run.

Feeding SpaceX’s own engineering data into the next AI model follows the same logic Musk has applied across xAI’s sister companies. Tesla supplies real world driving data and manufacturing expertise, X supplies conversational data, and now SpaceX supplies aerospace engineering data built up since 2002.

Musk did not give a release date for the upcoming AI model, referred to elsewhere as Grok 4.6. He has said the two trillion parameter run is in its final training phase and expected to wrap this week.

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