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Thursday, May 13, 2021 10:32:04 AM
Ideanomics said the agricultural tractor market is worth $75 billion The North American market will reach $20 billion by 2023. So, if the company can win even a small portion of the market, it may earn a billion in annual revenue.
To realize that goal, the company is investing in Solectrac’s tractors. Those will get tested against their fossil fuel equivalents. As the project gains media attention, investors may grow increasingly bullish with Ideanomics’ prospects.
Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.
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