RE:News releaseThat's great news. Kestenbaum had hinted on previous call about getting involved in EV market and makes a whole lot of sense. Easily my biggest winner is Tesla which I still hold since 2015 and follow it closely. Tesla grows 50 percent a year in a market that is totally changing to electric and clean energy. This market is in super growth for at least 20 years so I will never sell Tesla as long as Elon musk is alive and well.
kestenbaum is smart to ride this wave and reinforced my confidence in him as CEO and shows he is an excellent operator. I am going to keep holding and adding to Stelco on any dips. You can see when CEO owns 12 percent of company they make smart decisions as they have skin in the game.
I was thinking Tesla May eventually buy steel companies as they are buying miners to get lithium and he does believe in being integrated and not outsourcing like other car companies do.