For those wanting to stick to descriptions: the entire elevator (albeit a smaller one) is goes from normal to completely filled with burning toxic gasses in 2 seconds. If it were a large elevator and a phone battery you could probably escape most of the damage by being at the opposite end and exiting quickly after. With a batter that large though it's a bit of a different story.
As stupid kids, my friends and I found an unused emergency road flare and played with it, outside on a sand pile, where we thought it safe. I still managed to get give myself some lung injury from inhaling a shallow breath from the invisible convection gases rising off it about 3 feet above.
So I definitely think that the moral of the story is simply never, ever take a large battery onto an elevator
Maybe solid state batteries can some day give us more peace of mind.