Today we discuss Tesla (TSLA) , a cutting-edge technology company, a carmaker, a solar tech company and battery developer. On September 22, Elon Musk, co-founded and CEO of Tesla, and his team hosted a Battery Day event, announcing massive innovations coming to Electric Vehicles (EV) and beyond. TSLA plans to cut battery costs by more than 50% as well as boost power per unit of weight. Cheaper, more energy-dense batteries can make battery-powered heavy-duty trucks more competitive with other alternative-fuel powertrains. “Some of the eye popping battery innovations coming out of Tesla ...looking to reduce battery costs well below the $100 [per kilowatt-hour] threshold, this potentially changes the game with further price parity on the EV front and throws a wrench in the [return on investment] story around hydrogen fuel cell vehicles over the long term.” In addition, California governor Newsom announced that he is seeking to phase out gasoline-powered vehicles by 2035. This wil