Spodumene Prices, page-164

  1. 814 Posts.
    lightbulb Created with Sketch. 58
    https://www.mining.com/tesla-hit-by-battery-shortage-amid-rallying-lithium-cobalt-nickel-prices/
    Tesla hit by battery shortage amid rallying lithium, cobalt, nickel prices
    In a call to investors following disappointing financial results released Wednesday, CEO Elon Musk says Tesla doesn’t have enough cells to put new products like Semi truck into production. “Prototypes are easy. Scaling production is very hard. SIGN UP FOR THE BATTERY METALS DIGESTSign Up“The main reason we have not accelerated new products like the Tesla Semi is that we simply don’t have enough cells built. We could easily go into the production of the Semi, but we don’t have enough cells for it right now.” Musk said while the Semi does not cost five times more than a passenger car it does require five times the number of cells, which means the company will focus on producing cars until it could bring its own battery technology, announced last year, into production:
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.