Important note about Tesla Battery Day unveil tomorrow.
I guess its a good choice for those looking for hypercar performance in a family sedan.
New batteries
It wouldnt be Battery Day without new battery tech.

Yesterday, Musk officially unveiled a new key in of battery cell going by the 4680 moniker.
Those numbers refer to its diameter and height, 46 mm by 80 mm respectively.
The above figures relate to the cell form factor only.

Meaning that they make a more efficient use of space.
So itll be awhile until we see those impressive developments make it to market.
Teslas most affordable vehicle yet
One thing is for certain: cheaper batteries means cheaper electric cars.

Musk evenboasted that it would be autonomous, too.
Itll probably just have Autopilot as standard, like every other Tesla vehicle.
Thats all we know about that vehicle for now.

There were no real breakthrough announcements that stole the show.
Earlier today, Bloomberg reported thatshares in the three aforementioned battery makersare down more than 4% each.
The extreme difficulty of scaling production of new technology is not well understood.

Its 1000% to 10,000% harder than making a few prototypes.
The machine that makes the machine is vastly harder than the machine itself.
How far ahead Tesla is, depends on how you decide to benchmark it against competition.
The 10 years ahead remark was popular at a time when most other automakers werent really talking about EVs.
All the while, other manufacturers and specialist EV brands are closing the gap even more.
It could be argued that many out there already have.
Oh, and apparently there have been 600,000 Cybertruck pre-orders, so thats something.
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Story byMatthew Beedham
Matthew is the editor of SHIFT.
He likes electric cars, and other things with wheels, wings, or hulls.