TSLA: The Battery Maintain the High-end Competitiveness

Marico Samuel
11-24 09:55

$Tesla Motors(TSLA)$ The battery is the most expensive EV part, and for long time it provided insufficient mileage, thus creating a double disadvantage: lower mileage for higher price.

However, both things are curable, and they get cured now. New battery technologies evolve quickly, EVs have full-charge mileage now comparable with full-tank mileage for ICE cars. Also, battery prices drop daily due to big oversupply of battery materials, lithium, nickel etc. Scale is only issue. EV prices in China are basically the same as ICE prices due to massive market penetration, more than half of all cars sold there are electric/hybrids.[Grin][Grin][Tongue]

In other words, EV sales will not drop because of Trump. [Smart][Smart][Smart]Better managed EV makers will continue to grow sales.

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