The big news was the fundamental changes in the manufacturing process for the cathode, anode, and cell construction. The material engineers had a red-letter day, but of course, they still have lots of issues to workout before they can build a full-scale factory. They are using the Musk design approach, build it, test it, refine it, rebuild it, test it, repeat, launch it.
Some very exciting concepts in battery cell manufacturing. Essentially they are almost reinventing the processes of manufacturing a Lithium-Ion battery and combining that with some further almost as big (but not quite) changes in how their cars will be manufactured.
Pretty excited, but their 3-year plan, will likely be more like 5 years, but definitely seems real and on track. This is a lot bigger than most people will understand.
Most people will be upset they didn't show something new that is shipping tomorrow. Luckily one great aspect of Musk is he works differently, and much smarter.