More big news may be coming soon on future expansion plans and advances on Tesla’s battery tech front. Tesla Stock Sneezes, Then RecoversFirst off, Tesla’s stock price continues to defy gravity, rising to over $800/share in the last few days after sinking to below $400 as recently as mid-March as the Covid-19 pandemic swept over the nation and world. But Austin remains the front-runner as Tesla has smaller ancillary tech operations already up and running in that city. Even so, Tesla, other carmakers and a raft of tech companies are pouring millions into developing ever better battery technologies. Battery tech for electric cars is still in its relative infancy; changes in battery type, charging schemes and safety tweaks will eventually largely eliminate range, charging and safety worries.

Source: Forbes May 20, 2020 15:00 UTC