Tesla Inc. is one of the world's leading electric vehicle manufacturers, known for its line of popular electric vehicles, including the Model S, Model X, and Model 3. The company also produces solar panels and energy storage solutions such as the Powerwall and Powerpack. Investors closely watch Tesla's key decisions as they can impact the other US listed companies connected to Tesla. These companies are involved in the development, production and distribution of Tesla products and services. Investing in these companies offers exposure to the growth opportunities of Tesla's products and services. As the demand for electric vehicles and renewable energy continues to grow, investors see potential for more growth in revenue and earnings, and higher stock prices.
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Bhp Group Ltd: Global copper demand is expected to increase by an average of 1 million tons per year by 2035.
Bhp Group Ltd released a report stating that, benefiting from the widespread adoption of copper-intensive technologies, global copper consumption is expected to increase by 1 million tonnes per year by the year 20235, doubling the average annual growth rate of the past 15 years. At the same time, the growth of copper mining production will be constrained by high costs and declining ore grades.
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