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Tuesday, July 9, 2019

Notes From All Over -- July 9, 2019

Oops! "We" did it again: it is being reported that Egypt has detained an Iranian tanker.

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EV Sales/Deliveries In June, 2019

Link here.

Total number of EVs sold/delivered in the US in June, 2019: 37,818
  • Tesla (combined, 3 models): 25,700
  • Tesla market share: 68%
  • nearest competitor, Chevrolet Bolt EV: 1,659 (4%)
  • only four non-Tesla makes: greater than 1,000 units/June sold; all below 2,000
And now Musk says by the end of the year (2019), the price of the Tesla could spike.

TSLA: at $229, flat today. TSLA was trading at $365 in early December, 2018.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or what you think you may have read here.

Batteries: posted elsewhere on the blog, but here it is again --
Is this why Elon Musk said prices could surge? We will get back to this one. This is a big story. From Bloomberg, the US and the EU are getting "more anxious" about EV battery component shortages.
Think about this. If automobile manufacturers can't come up with enough nickel or cobalt to meet battery demand when so few EVs are actually being sold, think what it will be like if we ever get to the tipping point with EVs. And then note this: EVs are not the only sector relying on batteries for renewable energy projects. Think wind turbines and solar farms. This is going to be very, very interesting to watch. Not one thing suggests EVs are the solution to any problem.
 

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