|Day's Range||1.84 - 1.92|
|52 Week Range||1.42 - 3.47|
|PE Ratio (TTM)||4.68|
|Earnings Date||Mar 29, 2016 - Apr 2, 2016|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||3.02|
Tesla delivered around 47,000 vehicles in the first half of the year, at the lower end of its own forecasts, due to a "severe shortfall" of battery packs. Tesla shareholders are used to this sort of thing but the battery pack delays are a reminder that this accelerating technology revolution rests on a long, complex and still-evolving materials supply chain.
The electric vehicle revolution is gathering momentum. Simply put, will there be enough lithium, and lithium in the right chemical composition, to support exponentially growing demand for batteries?