|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.11 - 9.25|
|52 Week Range||6.66 - 10.90|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||13.36|
|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