Joseph Spak | Source | Managing Director at RBC Capital
Joseph Spak
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RBC Capital (https://www.rbccm.com)
Managing Director
started Mar 2008
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Batteries Are What Will Spark Electrical Vehicle Sales. And Auto Makers Are Buying In.
Auto makers are getting deeper into batteries, and they need to if they want to control their own destinies, writes RBC analyst Joseph Spak.
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ELECTRIC VEHICLES: Tesla says battery breakthroughs to bring $25K electric car
At its much-hyped Battery Day, Tesla Inc. yesterday unleashed a blizzard of innovations that it said could make battery-making cheaper and result in a $25,000 Tesla within three years.
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'We struggle to explain the run-up to the stock split': RBC raises Tesla price target but still says the company is overvalued (TSLA) | Markets Insider
RBC Capital Markets on Monday boosted its price target on shares of Tesla to $290 from $170 following the automaker's stock split. Still, the fi...
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We believe this was a hard, but necessary step for Nikola in wake of allegations against Milton raised by a short seller report and SEC investigation.
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We believe Nikola's stock will be in 'penalty box' for a while as they look to rebuild credibility.
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Because of this, Tesla has access to a low cost of capital to fund growth, and the market has been willing to show more patience and look further out for companies such as Tesla.
