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Benzinga
Benzinga
Business
Anusuya Lahiri

Tesla, Rivian and NIO See Estimates and Price Targets Slash By Mizuho Post Battery Industry Call

Mizuho NIO Rivian RIVN Nasdaq China

Mizuho hosted a battery industry call looking at critical challenges, ramps, new technologies, and the longer-term outlook. It listed the key takeaways in a note titled "Battery Takeaways: Tesla the Leader, LFP Cost-Effective, Solid State Too Far Away."

Firstly, Tesla, Inc's (NASDAQ:TSLA) Cylindrical Cell and 4680 drive sustainable battery technology, output at scale leadership versus the next closest Ultium.

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