Ep 182: Simon Erickson: EV Stocks Powering Up?
Investing With IBD
Tesla's Lithium Ion Battery Packs Could Be Commercially Available by 2028
Arusha says it can sell 100 kilowatt hour battery packs at $7,000 per battery pack to 910,000 vehicles by the year 2028. That's about the same price as Tesla's lithium ion battery pack today, but with superior performance. If that's the case, you're talking about a company that could be doing $10 billion in revenue by the end of the decade.
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