Ioneer Ltd (IONR)

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I have no clue never thought ioneer would have gone this low. But the lie's that there is a oversupply of battery metals all one has to do is read this.

Tesla factories 'losing insane money'

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By Harriet Sinclair, Editor at LinkedIn News
Updated 2 hours ago


Tesla CEO Elon Musk described the company's new factories in Austin and Berlin as "giant money furnaces," with hardly any output. In an interview published Wednesday, the billionaire said that supply chain snags, a shutdown of the company's Shanghai factory and battery production challenges had caused Tesla huge problems. Both of the factories opened this year but have been unable to scale-up production, instead "losing billions of dollars."


Job cuts at Tesla were announced earlier this month, with Musk stating this week that overall head count would reduce by 3.5%.

https://www.linkedin.com/news/story/tesla-factories-losing-insane-money-5908242/