Here are Tesla’s biggest announcements from Battery Day

At Tesla's Battery Day event, CEO Elon Musk made some big announcements: the company's moves toward eliminating cobalt in its batteries, a new Plaid powertrain for the Model S that could get to speeds of 200 mph, and a new cathode plant to streamline its battery production. And, with the new battery technology, Musk has said Tesla will make a $25,000 car.

The socially-distanced outdoor event had Musk and other presenters addressing Tesla shareholders in parked cars, who honked their horns to indicate their approval of the speakers' remarks- almost like a drive-in movie/shareholders meeting.

Here are the main takeaways from Tesla's 2020 battery day:

Tesla plans to manufacture its own...

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