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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?

Price 139
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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain.

Carbon 97
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Regulatory filing: VW ID.7 coming to China

CN EV Post

7 will enhance the upper mid-size class in Europe, China and North America," Volkswagen said in an April 5 press release. 6 Crozz, two SUVs with suggested retail prices starting at RMB 217,900 ($31,660) and RMB 258,900, respectively. 6 X, with suggested retail prices starting at RMB 195,888 and RMB 259,888, respectively.

China 79
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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe. This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe.

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Tesla is redefining the “Made in China” moniker with Giga Shanghai: report

Teslarati

China-made vehicles have long suffered from the reputation of being “low price, low quality, and low value.” Outlook Weekly, sub of China’s major news media Xinhua News, published an article entitled “What Exactly Does Tesla Bring”. pic.twitter.com/YId7PiGICc — Ray4Tesla (@ray4tesla) October 18, 2021.

China 137
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Tesla shares rebound over 9% from post-earnings pullback

Teslarati

“This lack of product is really weird,” John Murphy, a Bank of America analyst with a $1,300 price target on Tesla, said. The Model 3 was Europe’s best-selling EV, and Tesla sold more EVs globally in 2021 than any other company. He does not own shares of Ford or Rivian, which were also mentioned in this article.

Tesla 87
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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway has long been a major producer of oil and gas, and remains the biggest oil producer in Western Europe, as well as, the third-largest exporter of natural gas in the world. As our previous article shows, EVs have proven to be more resilient to the 2020 market downturn than conventional vehicles and the trend looks positive.

Global 83