For Tesla and other companies Going public with the innovation (and for competitors) is another step that will help the market achieve critical mass and enable faster innovation at a lower cost. The Gale Encyclopedia of U.S. Economic history shows that computer processors (new equivalent models) were introduced at high relative prices, but since 1950 their cost has steadily decreased by an average of 20% per year. The main factor in which BEVs significantly outperform vehicles in addition to the obvious emissions benefits is their high gear ratios. Gasoline engines reduce the torque capacity in the low-speed range and deliver limited power in a reduced speed range.
The BEV engine has only one moving part, no clutch and the transmission is very simple. Thanks to technological advances known as regenerative braking, friction braking is practically wear-free. A well-designed EV service is limited to regular vehicle inspections, possible simple software updates and an initial service of 100,000 km. Development of the charging station infrastructure. With this news, the stock price of Tesla has remained linear as there were chances of some failure in other segments. However, with the improvement in sales revenue and increased funding the company has become stable. For these reasons and positive stock news the company has a good run and that has been reflecting in the price of NASDAQ TSLA also. The price was in the range of 30 to 50 points in previous years. But from 2019, the price has increased too much.
Future of the BEV industry
The general theory is that in order for the BEV industry to gain a large share of the world market, an additional charging station infrastructure of the same size as the vehicle infrastructure must be developed. This turns into a working network of fast-charging stations that can quickly charge BEVs in under 30 minutes, as opposed to a home charger which can take up to 8 hours.
The previous theory fails to recognize that problems with public infrastructure are neither new nor unique. In the early days of gasoline cars, there were few gas stations. Nor does the above theory account for the rapid advance in battery technology (“BEV” above). For example, Tesla has already developed a battery technology that extends the range of BEVs to 300 miles. This increases optimism for similar growth in the BEV sector and the expansion of the infrastructure of auxiliary charging stations. You can check more information from https://www.webull.com/newslist/nasdaq-tsla.
