Previous Close | 9.17 |
Open | 9.25 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 9.11 - 9.25 |
52 Week Range | 6.66 - 10.90 |
Volume | |
Avg. Volume | 191,440 |
Market Cap | 21.706B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 13.36 |
EPS (TTM) | 0.69 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.22 (2.43%) |
Ex-Dividend Date | Sep 28, 2022 |
1y Target Est | 8.71 |
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IPAR, DTEGY and PCRFY made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 25, 2023.
Tesla Inc said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with two new factories, one to mass produce its long-delayed Semi electric truck and the other to make its new 4680 battery cell. The 4680 is key to Tesla meeting a goal of halving battery costs and ramping up battery production nearly 100-fold by 2030. Together, the facilities will employ about 3,000 people, extending the electric vehicle maker's complex east of Reno, where it runs a battery joint venture with Japan's Panasonic Corp and makes vehicle parts and power backup systems.
It’s a good time to accumulate undervalued, quality electric vehicle battery stocks. For one, the global automobile industry is pouring more than $1 trillion into electric vehicles. Two, global leaders are racing to put millions of electric vehicles on the roads. For example, President Biden wants EVs to account for at least 5o% of autos sold by 2030. Three, growing EV demand will only strengthen the battery market. In fact, according to Next Move Strategy Consulting, “The global battery market