He was predicting Tesla stock to crumble at $30USD... it's now $341USD, so he's only out by a factor of about 11x. And he's an attorney?
He's assuming no Cobalt will come on-stream to supply, and we are stuck at today's supply levels... Tesla (and others) need to secure their supply lines either directly or via battery-makers so that is the only correct part. The Chinese / Japanese are already moving on that. USA and Europe are largely lagging apart from VW.
Not saying there won't be supply tightening, but some of these pundits need to get a grip. Wasn't it Macquarie predicting the death of Lithium last year?
He was predicting Tesla stock to crumble at $30USD... it's now...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
0.025(5.21%) |
Mkt cap ! $100.8M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 52.0¢ | 48.5¢ | $19.80K | 39.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2464 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
| ARL (ASX) Chart |