https://finance.yahoo.com/m/df20ddd2-a89f-42d2-923b-27d7822bb788/catl’s-new-battery-tech-could.html " [...] Chinese battery maker CATL (Contemporary Amperex Technology Co. Limited), which on Wednesday launched a battery at the Shanghai Auto Show that it claims can power electric passenger aircraft. The semi-solid-state battery with condensed electrolyte has a density of up to 500 Wh/k, meaning it can store 500 Watt hours of energy for every kilogram of its weight. [...] " See also: https://www.engadget.com/we-wont-have-electric-airplanes-until-battery-tech-improves-160058357.html Stock info:: https://finance.yahoo.com/quote/300750.SZ?p=300750.SZ Shenzhen Stock Exchange, China. Currency in CNY Cool traffic sim on homepage: https://www.catl.com/en/ This means, TSLA has to reduce its prices further, now the 7th time or so this year, so far...
Telsa are the largest customer of all the battery manufacturers as well as making their own batteries. If car demand is down then they can put the batteries in mega pack and powerwall which are growing at 60%.