Business
These ASX stocks just got a big upgrade on the back of Tesla (NASDAQ:TSLA) – The Motley Fool Australia
There’s one group of ASX stocks that just got a big valuation boost by the analysts at Macquarie Group Ltd (ASX: MQG). These are ASX nickel miners.
There’s one group of ASX stocks that just got a big valuation boost by the analysts at Macquarie Group Ltd(ASX: MQG).
These are ASX nickel miners as the broker lifted its price forecast for the commodity due to growing demand from battery makers.
Nickel is a key ingredient in batteries that are used by electric car manufacturers, such as Tesla Inc(NASDAQ: TSLA).
The nickel price on supercharge
Traditional car makers are also joining the electrification rush. The world’s largest car maker, Volkswagen…
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