Tesla & Stellantis Go All The Way With Partnerships In Battery, Electrification and Mobility
The Weekend Brief (TWB) is inspired by 1970’s era American rock-pop band The Raspberries. A Cleveland-based band, they were known for being one of the American success stories of the British Wave during the ’70s golden era of music. I suggest listening to a Sunset Strip-recorded live version of the song Go All The Way as you read TWB.
Press Play: https://www.youtube.com/watch?v=6kY3ITqAAm8
On the news of Elon Musk’s Twitter fiasco, people are losing sight of what’s happening with Tesla in the Global Economy. Tesla’s market share of Electric Vehicles (EV) comes down to technological superiority and first-mover advantage. Elon Musk hasn’t been shy about the raw materials needed for producing the batteries: nickel, copper, cobalt and lithium. He has been warning the world about global shortages of critical metals since May 2019.
According to Tesla’s global supply manager for battery metals, Sarah Maryssael, Tesla would take necessary measures to ensure key supply of nickel and cut down on the use of cobalt for the company’s EV production — citing a “huge potential” to increase supply of nickel from Australia and United States.
Under the backdrop of underinvestment in the raw materials needed for an industry that…