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Musk Reaffirms Overall Goal Of Tesla Is To Convert World To Electric Transportation

After Tesla reported a profit for the second quarter in a row, Elon Musk took to Twitter on January 31 to celebrate the electric transportation revolution, which is the primary reason for Tesla’s existence.

Musk’s tweet referenced a story by CNBC that started this way: “It’s been nearly a century since any automaker was in a more enviable position than Tesla. Despite relatively disappointing fourth-quarter earnings that missed analysts’ estimates, Tesla finished 2018 with an astounding 83 percent share of the U.S. battery-electric vehicle market, CEO Elon Musk boasted Wednesday. That hasn’t happened since the years following the start-up of Ford’s first moving assembly line.”

 

Rainbow Rare Earths Ltd (LON:RBW) is a mining company focussed on production from, and expansion of, the high grade Gakara Rare Earth Project in Burundi, East Africa. With in-situ grades in the range of 47-67% Total Rare Earth Oxide (TREO), Gakara is one of the world’s richest rare earth deposits.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.