Category: ev

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Analyst Predicts Silver Prices Could Reach $200 Driven by Demand for New EV Battery Technology

August 15, 2024

Kevin Bambrough, a financial expert with over a decade of experience in commodities markets, has predicted that silver could reach $200 per ounce in the next 10 to 15 years, riding the wave of increased demand for a new EV battery technology developed by Samsung. According to Bambrough, the new batteries may require 1 kg…
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Elon Musk’s Tesla held onto its Bitcoin in Q4 despite market turbulence

January 26, 2023

The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022. Electric vehicle manufacturer Tesla refused to offload any more Bitcoin (BTC) during the latter half of 2022 despite selling off 75% of its holdings in the second quarter. In…
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