Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs
Teslarati
MARCH 22, 2022
For years, Tesla has invested heavily in its supply chain and battery strategy. Norway-based energy analytics firm Rystad Energy estimated that demand would surpass nickel supply around 2024, and by 2026, there might be a shortage of the material. The country also holds 10% of the world’s overall nickel supply.
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