Tesla and the Market for Electric Vehicles in the US (E2) Electric-car development seems to be way
Question:
Tesla and the Market for Electric Vehicles in the US (E2)
Electric-car development seems to be way of the future to help achieve zero-emissions vehicles.
Tesla is a market leader among the electric vehicle (EV) manufactures.
Read the following articles and then answer the questions below:
https://arstechnica.com/cars/2019/12/tesla-stock-just-hit-a-new-record-of-400-heres-one-reason-why/ https://www.theverge.com/2020/1/29/21113987/tesla-q4-2019-earnings-results-profit-revenue-model-3 https://thenextavenue.com/2020/06/10/teslas-model-3-profit-margin-is-35-and-it-can-double/ https://theconversation.com/the-road-to-electric-vehicles-with-lower-sticker-prices-than-gas-cars-battery-costs-explained-137196
Based on the discussion in these articles and economic theory from Module E2,
a) explain the important role of economies of scale on the production of EVs.
Expert Answer:
Electric vehicle EV battery costs have fallen more rapidly than many projections according to a new survey of battery costs published in Nature Climat... View the full answer
