At Tesla (TSLA) Battery Day, the company announced they plan to grow their battery production to 3TWh by 2030. Tesla say the globe will need 10TWh pa battery capacity for electric vehicles (EVs) and 10TWh pa for energy storage by 2030.
Tesla's battery demand represents a 86 fold increase. Yes you read that right. A 86 fold increase in Tesla's battery production capacity this decade (from 2019 to 2030), allowing Tesla to produce 20 million EVs pa and energy storage products by 2030.
Image: Source: Tesla Battery Day video
