I wish the mile display would always use EPA or WLTP ratings, but it obviously doesn't. My miles display varies widely. I don't think my battery has already degraded by 12.5%, and neither does ABRP, which estimates a degradation of 1.2%. So the miles are rather unreliable.
Percent, however, is also, even more, meaningless, because when you change between Tesla cars, let's say between an SR+ and an LR car, the percentages tell you nothing about how far you will be able to drive. You have to have your battery capacity and your consumption in mind and calculate all the time.
I wish the car would always simply display the miles according to either EPA or WLTP, because then I could simply say, I will in normal road conditions be able to drive this far at 65 mph. Lacking this I would at least want to know how those miles are calculated, i.e. what they actually mean. But nobody knows, as you can discern from various discussions around here. Tesla doesn't tell. I wonder why not.
The miles display comes closer to this ideal, so I will probably switch to miles (or kilometers in my case) again, which I had already used for a while with reasonable results. The only time I would prefer percent is when setting the charge limit. I'll miss that.