Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs
Teslarati
MARCH 22, 2022
Being a key component of its high-performance batteries, Musk stated back in 2020 that any company that can provide Tesla with environmentally-friendly nickel would be granted with a massive contract. Tesla also managed to handle the rising cost of nickel by using batteries that do not use the material at all.
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