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DewDiligence

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DewDiligence

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Re: jbog post# 28100

Friday, 06/02/2023 9:03:21 AM

Friday, June 02, 2023 9:03:21 AM

Post# of 29427
CAT—>Premiere player in transition to EVs:

jbog, what makes CAT a premiere player in the transition to EVs is not what CAT is doing with the equipment it sells to mining companies. Rather, CAT is a premier player in the transition to EVs because EVs require 6x the volume of mined materials as ICEs, which will greatly increase the demand for CAT’s heavy-duty mining equipment.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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