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Tesla co-founder says EV sales are about to take off, but questions whether production can keep up

From cnbc.com Watch this video at https://www.metalsmine.com/news/1131475-tesla-co-founder-says-ev-sales-are-about-to.

Tesla co-founder JB Straubel, founder and CEO of battery-recycling company Redwood Materials, has good news and bad news for those who believe electric vehicle sales are primed to take off. Straubel says demand is picking up, but the auto industry isn’t moving fast enough for production to keep up. “This is catching people a bit off-guard,” Straubel told CNBC during an interview on TechCheck. “It’s a really strong shift. All the way from internal combustion sales dropping to EV sales increasing by almost 100% ...

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  • Category: Fundamental Analysis