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LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

Teslarati

16:08 CT – The shareholder now asks if Tesla would be open to extending its vehicle’s financing terms. Elon Musk notes that the banks are the ones that are deciding on its vehiclesfinancing. Musk reiterated that Optimus will use the same FSD system as the company’s electric vehicles.

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Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

The CEO also adds that Tesla’s finances should be even better, especially as FSD matures. Elon did admit that Tesla has had to raise vehicle prices for a bit due to the supply shortages, but hopefully, these are just temporary. Over 800k vehicles produced, the 4680 cell production project. Credit: Tesla/YouTube. Totally true.

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Volkswagen joins “Cobalt for Development” initiative

Green Car Congress

Volkswagen says that it is actively engaging in improving artisanal cobalt mining conditions in the Democratic Republic of Congo (DRC) as well as the living conditions for people in the surrounding communities. Cobalt is an important raw material for the production of electric vehicle batteries.

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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

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Benchmark: Indonesia could become major cobalt producer; forecasts 30x boost

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The country’s government and the mining sector are determined to transform its nickel industry to meet the rising demand for Class 1 nickel, a crucial component for electric vehicle (EV) batteries.). This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

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Canada’s Trudeau suggests China uses slave labor in lithium production – ET Auto

Baua Electric

Canadian Prime Minister Justin Trudeau on Friday suggested that China uses slave labor in the production of lithium as he discussed Canada’s efforts to ramp up production of the critical metal used in electric vehicle and other batteries. Last year, a U.S.

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