Too Long; Didn't Read
Tesla’ 2019 annual report blew the roof off last week. The electric vehicle evolution is staring auto incumbents in the face, and they’ll push hard in 2020 to make up for years of ignorance. The rally may have signaled a turning point in finance as well. The grassroots Tesla movement backed by thousands of passionate individuals proved Wall Street wrong. It is what allows them to lead all electric vehicle competitors in battery range and efficiency, but also what gives them a leg up in the world of energy storage.