TSLA's Dip + 1.2 Million Mile Battery?

First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said a Tesla supplier just announced a 1.2 million miles lasting battery. This is huge news at it shows that EVs are trying to definitely (as we already know) outcompete the big players in terms of lifecycle of the car and investment value (trying to shrink depreciation rates in comparison to other cars). I'm bullish long term.