As the cost of important minerals for electric vehicle battery production increases, some Tesla investors are wondering if they should be worried. Some think that an upcoming supply crunch could make EV batteries skyrocket, and maybe even cause buyers to switch back to internal combustion engine vehicles instead. Above: A…

Originally published at https://evannex.com on May 5, 2022. Benchmark Mineral Intelligence, a provider of data and market information on the lithium industry, predicts that global lithium-ion battery production capacity could reach over 6,000 gigawatt-hours (6 terawatt-hours) by 2030. Above: A look at the battery pack in the floorpan of a…

After entering the S&P 500 in 2020, Tesla has continued to rapidly grow. And a new report shows that the automaker could be poised to dominate the rest of the index by the end of the decade, especially with the company’s position amidst a burgeoning EV and autonomous driving industry. …

Anti-EV crusaders like to claim that EVs will never be suitable for drivers who need to cover long distances. If you wanted to make that argument, you might cite the vast expanses of the Australian outback as exhibit A-and some locals might reply, “You’ve got it arse about, you drongo!” …

Originally published at https://evannex.com on April 8, 2022. Everyone was trying to anticipate what secrets would be revealed at last night’s Cyber Rodeo which celebrated the grand opening of Tesla’s new Gigafactory in Austin, Texas. It turns out I had guessed ( publicly) a few tidbits, but Tesla’s Elon Musk…

Originally published at https://evannex.com on April 7, 2022. The hottest ticket in the world right now is Tesla’s Cyber Rodeo event in Austin, Texas. The word that I’m hearing from both Matt Holm and Anuarbek Imanbaev who run the local Tesla club in Austin is that they’re encountering Tesla owners…

Originally published at https://evannex.com on April 6, 2022. Electric vehicles take longer to charge than gas cars take to be fueled. While there’s no denying this fact, EV drivers are using their charging hours elsewhere to make the most of the extra time — something we’ll all need to consider…

Originally published at https://evannex.com on March 10, 2022. Buyers are often afraid to switch to electric vehicles because of the range compared to gas cars. But the next few years could change that — for better or worse. According to research from Bell Resources recently reported by Gizmodo, EVs could…

Originally published at https://evannex.com on March 9, 2022. Millennials and Gen Z are collectively beginning to throw their financial weight around Wall Street. …