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Bountiful_Harvest

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Bountiful_Harvest

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Friday, 01/13/2023 4:53:17 PM

Friday, January 13, 2023 4:53:17 PM

Post# of 86308
Now that supply chain bottlenecks are diminishing, Tesla can cut prices in line with battery cost declines, driving demand while limiting the impact on profitability. According to Wright’s Law, battery costs drop 28% for every cumulative doubling in unit production!

- According to @skorusARK’s research, having leveraged off the consumer electronics industry (which most other auto manufacturers did not do), Tesla’s batteries are three years ahead of the competition in terms of costs for a given range and performance.

Cathie Wood / Ark makes some good points...

I can only provide my own speculation and theories. Everything I post is my own opinion and not financial advice. I am not a financial advisor. Do your own DD and always consult an Investment Professional.

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