Market (retail) always overreact to these kind of news. I'm a big fan of Elon (disclosure, I've been a TSLA buyer the past couple of months), but things to keep in mind: REE free Tesla cars is a long term vision at this stage, and it always takes longer that what Elon is saying.
But more importantly, it's good to keep things in perspective: even if Tesla magically overnight went REE free, we are talking about ~800t less yearly NdPr demand. That is equivalent of perhaps 1.5% of current global production - in a market that is growing by a CAGR around 8-10%...
- Forums
- ASX - By Stock
- Tesla is going (back) to EV motors with no rare earth elements.
Market (retail) always overreact to these kind of news. I'm a...
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.08 |
Change
-0.025(0.35%) |
Mkt cap ! $6.617B |
Open | High | Low | Value | Volume |
$7.13 | $7.13 | $7.06 | $3.727M | 525.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 4204 | $7.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.08 | 27108 | 55 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 9554 | 7.070 |
15 | 23006 | 7.060 |
17 | 54288 | 7.050 |
10 | 8871 | 7.040 |
6 | 19690 | 7.030 |
Price($) | Vol. | No. |
---|---|---|
7.080 | 23574 | 44 |
7.090 | 16558 | 32 |
7.100 | 23856 | 22 |
7.110 | 9930 | 11 |
7.120 | 23053 | 12 |
Last trade - 11.38am 22/05/2024 (20 minute delay) ? |
|
|||||
Last
$7.09 |
  |
Change
-0.025 ( 0.12 %) |
|||
Open | High | Low | Volume | ||
$7.12 | $7.13 | $7.06 | 253783 | ||
Last updated 11.57am 22/05/2024 ? |
Featured News
LYC (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online