Elon Musk’s Tesla joining the S&P 500

By November 16, 2020 0

Elon Musk’s Tesla just received a big badge of honor.

Previous ArticleTesla is getting added to the S&P 500, shares surge on the news

Next Article SpaceX capsule with 4 astronauts closes in on space station

Leave A Reply Cancel Reply

Quick Links
- SpaceX
- Boring Company
- Tesla
- Starlink
- Neuralink
ElonNews.com
- Bill Gates Issues Serious Bitcoin Warning As Tesla Billionaire Elon Musk Stokes Crypto Price ‘Mania’
  Billionaires from Microsoft founder-turned global philanthropist Bill Gates to Tesla chief executive Elon Musk are weighing in on bitcoin...
- As Asia puts electric vehicle revolution in gear, are Musk & Co all hype?
  Electric vehicle sceptics like Japan’s Toyota chief point out that on some measures electric vehicles produce more carbon dioxide than traditional cars.
- Bitcoin energy use 'bigger than most countries'
  Could the cryptocurrency's huge electricity consumption also sink it?
- Bill Gates says Bitcoin is 'not a great climate thing' and he won't invest in it
  The Microsoft co-founder has revealed he would rather invest in companies that make products over the popular cryptocurrency made famous by the likes of Elon Musk
- Why Tesla Is Shifting More EVs To Lithium Iron Phosphate Batteries
  Tesla Inc (NASDAQ: TSLA) has sounded out in the past its intention to move away from batteries with nickel cathode, given constraints in supply, and CEO Elon Musk reiterated this...
- Why Tesla Is Shifting More EVs To Lithium Iron Phosphate Batteries
  Tesla Inc (NASDAQ: TSLA) has sounded out in the past its intention to move away from batteries with nickel cathode, given constraints in supply, and CEO Elon Musk reiterated this in a tweet late Thursday. What Happened: Nickel supply constraints are the biggest concern for Tesla in scaling lithium-ion cell production, Musk said in the tweet. The Tesla CEO also went on to add that this is the reason why the company is shifting its standard-range EV models to iron cathode. Nickel is our biggest concern for scaling lithium-ion cell production. That's why we are shifting standard range cars to an iron cathode. Plenty of iron (and lithium)! — Elon Musk (@elonmusk) February 25, 2021 Musk also suggested that the use of lithium iron phosphate, or LFP, batteries will free up more battery supply of lithium-ion chemistry cells using nickel cathodes for the company's other vehicle programs. Previously, Musk had said the energy density of LFP batteries has improved enough to justify the use of these cells in lower-end vehicles. Related Link: Tesla Gets A Street High ,200 Price Target: 'The Fireworks Aren't Over Yet' Why It's Important: Tesla is using LFP batteries in its Model 3 standard range plus vehicles manufactured in China. Thursday's tweet comes as an indicator that the EV giant could shift to LFP batteries in base model vehicles marketed in Europe and other regions. Nickel is the preferred option for EV batteries due to its higher energy density and greater storage capacity. Yet compared to iron, nickel is expensive, with prices soaring of late as the booming EV market continues to rely heavily on the metal. Nickel mining is also fraught with environmental risks. Fitch said in a recent report that it expects increased use of nickel in batteries to lead to a market deficit from 2025. Related Link: How Bitcoin, Demand Are Driving Tesla Shares Lower See more from BenzingaClick here for options trades from BenzingaWill Nio's Sagging Stock Get a Lift From Earnings? A Q4 PreviewChinese EV Maker Li Clocks Q4 Profit On Strong Vehicle Sales, Issues Upbeat Q1 Guidance© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Tesla Suspends Production Of Model 3 And Model Y
  Last week, Tesla slashed the starting price of the Model 3 and Model Y, only to then remove the Model Y Sta...
- The value of ‘digital gold’: What is bitcoin actually worth?
  Will investing in cryptocurrencies make you rich or just drain your digital wallet? Here’s what to know.
- Bill Gates explains why he still prefers Android over iPhone during interview on Clubhouse - 9to5Mac
  During a recent interview on the invite-only audio conversation app Clubhouse, Bill Gates revealed why he still prefers to use an Android phone over the iPhone. What it boils down to, Gates explained, is that Android manufacturers are “more flexible” with software integration. As our colleagues over at 9to5Google reported, Gates joined Andrew Ross Sorkin
- Clubhouse for Android in development, cofounder confirms - 9to5Google
  The cofounder of Clubhouse has just confirmed that the Android version of the app is in development during an interview with Bill Gates.

Related Posts

What’s Missing in the Electric-Vehicle Revolution: Enough Places to Plug In

Bill Gates Issues Serious Bitcoin Warning As Tesla Billionaire Elon Musk Stokes Crypto Price ‘Mania’

After all these years, I’m finally interested in cars

Leave A Reply Cancel Reply