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Currently EVs are < 1% of cars. What Tesla showed today was a path to increase that significantly with the cost per kWh reduced by 56% and 7x improvement in factory production footprint.

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> with the cost per kWh reduced by 56%

as i said, Elon making claims. In 2016 he claimed that by 2018 their battery packs would cost less than $100/kwh. Its 2020 now and they still cost around $150. Why do you believe him this time?

I'll be interested once Tesla actually delivers on those claims.

> Its 2020 now and they still cost around $150

I'd be interested in seeing a source for this. afaik there aren't any public sources on what price Tesla pays for $/kWh at pack level.

you are right. The $150/kwh is current industry estimates of Tesla's cost. The exact number isnt really important, the point is that years ago they where supposed to be at $100 and now they once again claim they'll be at $100 in a couple years. "We promise guys, this time we know what we are talking about"

>What Tesla showed today was a path to increase that significantly with the cost per kWh reduced by 56% and 7x improvement in factory production footprint.

I'm going to withhold judgment until they are actually doing any of these things.

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