Here are some highlights from the event:2. A faster version of the Model S, called the Model S Plaid, will be available in 2021 for $139,990.Shares of Tesla fell as much as 6% on Wednesday as investors were underwhelmed by the longer-than-expected timeframe for a $25,000 car and no mention of a million-mile battery. Morgan Stanley's US equities chief nailed his call for a short-term market meltdown.
"Overall, we felt 'Battery Day' was effective in reinforcing confidence in Tesla's ability to continue to lead in terms of battery cost and performance, although we still see the shares as substantially overvalued relative to the fundamentals.
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