Statistics show that electric vehicle demand is on the rise, and with it will come increased consumption of critical battery metals
Electric vehicles are set to be a significant force in motoring, but how dominant will they be?
Company
NASDAQ:TSLA
Tesla Inc designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The company's segments include automotive, and energy generation and storage.
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Electric vehicles are set to be a significant force in motoring, but how dominant will they be?
Investments and investor services
The electric carmaker's stock has rocketed more than fivefold so far in 2020, boosting the asset manager's portfolios by several billion dollars
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The upbeat start to September follows Wall Street’s best August performance since the 1980s.
Nickel is used in stainless steel and in electric vehicle batteries
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It’s early, but there are signs Tesla Inc.’s Model 3 could be as exceptional in the used market as it has been in the new-car world. The sedan has sold at volumes no other electric vehicle has come close to reaching, turning Tesla into the
Investors holding Tesla stock at the end of Friday will be due five new shares, likely priced at around US$400 each.
Tesla shares have gained around 13% this week so far.
The Falcon 9 flight was SpaceX’s 100th mission and sixth using the same booster
Hardware & electrical equipment
The bank hiked its rating to 'neutral' from 'outperform' and upped the price target to US$1,750 a share from US$800
Hardware & electrical equipment
“There is a view that you tend to see more stock splits as we near the top of a bull run,” says one analyst
Following the stock split, the price would be around US$275 but the market capitalisation will not be affected
Canada Nickel Company, Talon Metals, Progressive Planet and American Manganese are some of the companies stepping up to meet growing demand from electric car makers
Investments and investor services
'Tesla is likely to become the primary seller of such technology to other car manufacturers'
The firm posted net income of $104mln from April to June, or $0.50 per share, the first time it has posted a profit for four straight quarters
Tech stocks have driven most of Wall Street's recent eye-watering gains
In Tuesday's pre-market Amazon, Tesla, Netflix and Apple are all pointing to another strong day in the market for big-tech stocks.
Tesla stock is seen rising further on Monday following on from last week's strong dealing.
Model Ys began rolling out in March and by April Tesla told investors that the car was profitable
The electric car company delivered nearly 90,650 vehicles during the second quarter, handily beating Wall Street estimates of 74,100
The electric car manufacturer's shareholder meeting had been scheduled for July 7