Important follow-on point:
Much like Maybach's Project Phoenix that doubled ICE power while cutting weight (and costs) by 30%, Tesla is doing the same with their new BEV architecture by making the battery part of the structure:
What people don't seem to get about Tesla BEVs (oddly given this is car forum) is:
(1.) Much like Daimler, Tesla treats the vehicle as a platform: a system of discrete upgradable components made to operate in unison by a keystone. E.g., like Zeppelin (dirigibles) and the Wright Brothers, in case of the airplane, the keystone is the fuselage - fuselé being French for spindle - tying together lift (wings), control (rudder/elevator), power (engine), and operator (pilot).
In a Tesla the keystone is software! And, of course, the software itself can be upgraded in place, in real-time - not just modularly - to improve efficiency and power.
(2.) Most of Tesla's latest innovation is manufacturing. Tesla is ripped for its build quality, and it should be, however that's yesterday. As Tesla builds new plants it's also installing patented - and new - manufacturing capabilities (and design) to lower costs and drastically improve build quality and speed. "Build it right the first time" will provide additional cost savings.
(3.) Tesla has no legacy union pension costs, no legacy factory costs, no marketing costs, and no dealer margin. This means once a Tesla BEV starts getting close to ICE costs, it'll quickly drop below them as operational savings multiply.
Tesla is about 1 year away from selling a no-brainer daily commuter: way cheaper, way nicer, way faster than anything ICE, and no more special trips to the gas station.