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Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs

Teslarati

The next-generation cells are a crucial component of Tesla’s long-term plan to make electric vehicles more affordable. This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. . Thus, when Russia was hit by sanctions due to its invasion of Ukraine, the markets reacted.

Batteries 100
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Nickel expert calls on Musk, Farley, others to demand Nickel sourcing in North America

Teslarati

Following a short squeeze on Nickel on the London Metals Exchange, the cost of a metric ton of the metal surged $70,000. ” Nickel is highly-available in Russia, which has had numerous sanctions set by the United States and other governments due to the invasion of Ukraine. Tesla started transitioning some U.S.