02
Nov
16:58
Tesla targets vertical integration through proprietary lithium mining
Tesla has moved to mining and processing lithium itself in a vertical integration strategy for its battery cell manufacturing strategy, Kallanish reports.
Ceo Elon Musk announced plans to expand into mining its own source of lithium during the Tesla Battery Day event in late September, while also detailing plans to halve the cost of battery production and eventually manufacture 20 million electric vehicles (EV) per year.
Tesla acquired mining rights to a 10,000-a…
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Anonymous
Very good overview of the weekly steel market.
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