EVsYahoo Financeabout 4 hours ago
EVs Are the Keystone Species of the Next Megatrend
1 min read
Energy investor Andy Lubershein calls electric vehicles the "keystone species" whose unit volume drove down battery costs and scaled silicon carbide technology from cars to grid applications. Tesla posted 16% revenue growth and a 21% auto gross margin in Q1 but trades at 371x earnings near analysts' $421 consensus target.
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