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Thursday, September 30, 2021 12:47:48 PM

Re: XFundManager post# 54080

Post# of 66141
Tesla is buying nickel, but they can't get enough to build all the batteries for the cars that are on order or future sales.
The model 3 requires about 120 lbs of nickel per battery
About the same for the model Y
When they get to the Model S it closer to 200 lbs
The Cybertruck will be even more and the semi gets into the thousand lb area.
Another factor is all the rare earth minerals mining companies are raising their prices a lot which will also affect Lithium, and other materials Tesla needs in total for their batteries.
Still issues Tesla will have to overcome.
Not as easy as you try to make it sound.
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