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Analysis-Tesla’s plans for batteries, China scrutinized as Musk drops features

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Reuters

By Hyunjoo Jin (Reuters) – Tesla Inc has weathered the pandemic and supply chain crisis better than many of its rivals, achieving record deliveries last quarter. But Chief Executive Elon Musk faces pressure to deliver on breakthrough batteries and new factories and models, which are late. Those questions, demand in China and the financial effect of a Bitcoin sell-off will be high on investors’ minds when the electric vehicle company publishes results Monday. Last September, Musk announced an ambitious plan to produce its own battery cells with a new design and manufacturing process. The larger…

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