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-7.00427260630337E-05 -0.000560341808503275 7.00427260628347E-05 -0.000280170904251737 -0.00168102542550962 -0.00695944526160969 -0.00147089724732092 0.00735448623660421
Stock impact report

The electric car revolution is on track, says IEA [CNN]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: CNN
In a report Tuesday, the IEA projected that “surging demand” for EVs over the next decade was set “to remake the global auto industry and significantly reduce oil consumption for road transport.” It expects half of all cars sold globally to be electric by 2035, up from more than one in five this year, provided charging infrastructure keeps pace. The IEA includes battery electric vehicles and plug-in hybrid vehicles in its definition of EVs. Ad Feedback The agency's bullish long-term outlook for EVs — based on current government policies — comes just days after the world's biggest battery EV maker Tesla slashed its prices in major markets to counter declining sales and growing competition from Chinese upstarts and established carmakers. Recent negative headlines about slowing EV penetration are out of step with positive global trends, according to IEA executive director Fatih Birol. The data “does not at all show a reverse of the growth of electric cars. It shows an extremely Show less Read more
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