What is Tesla’s Mystery Magnet?
Cars That Think
MARCH 17, 2023
A 2019 study by Roskill Information Services in London found that more than 90 percent of the permanent magnets used in automotive traction motors were NdFeB. These magnets are weak and, more important, the world supply of cobalt is so fraught that they make up less than 2 percent of the permanent-magnet market.
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