Tesla Battery Day will go down in history as the day true EV cost parity was achieved.

With low-cobalt/cobalt-free batteries providing greater energy density & storage capacity at much lower cost, Tesla unlocks massive potential for accelerating the EV revolution more than ever

Historically, batteries have been the most expensive component in any EV. *A lot* of R&D costs went into figuring out how to make cheaper batteries at scale.

Prices plunged from $1100/kWh in 2010 to $156/kWh in 2019. That’s a 87% decrease.

Getting below $100/kWh is considered to be the holy grail of battery manufacturing. Most people expected average prices to be somewhat close to that by 2023.

But they didn’t expect Tesla & their kickass engineering team.

Per @elonmusk, Tesla has always been constrained by battery output.

What if they could solve this issue by producing their own state-of-the-art batteries at much lower cost, which then translates to a significant increase in vehicle output & deployment of energy solutions?

Remember the infamous Alien Dreadnought factory aka the machine that builds the machine?

This, but for batteries.

Tesla will use everything they learned from building Giga Nevada, Giga Shanghai & now Giga Berlin to build the world’s most advanced cell line

Objectively, until other carmakers catch up (which I hope they do! Tesla can’t supply entire world w/ cars), a Tesla is the best product you could possibly buy.
- FSD
- computer on wheels (OTA updates, games/entertainment)
- revolutionary battery tech
- car is built for 1M+ miles