[AtlasBarfed]

Battery day was a total failure.

The future of EV transport is either ultra cheap sodium ion /lfp or ultra dense sulfur /solid state.

Tesla's entire battery manufacturing/packaging advantage lead is gone and is probably a legacy disadvantage, or will be soon.

If 200 wh/kg is reached by sodium ion, that is a 300ish mile car with no cobalt, nickel, or lithium that should be fundamentally cheaper than an ICE. It also should enable a dirt cheap 200ish city car or a cheap 40-60 mile Phev.

Even if the CEO didn't destroy the brand with Nazi salutes, Teslas days as a high margin car maker were over. The stock price is unhinged from reality in an unprecedented manner.