TSXV:FCO.H - Post by User
Comment by
focsleon Apr 14, 2016 1:27am
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Post# 24765055
RE:RE:RE:RE:RE:RE:Spiking Lithium Prices Could Dent Tesla’s Profits
RE:RE:RE:RE:RE:RE:Spiking Lithium Prices Could Dent Tesla’s Profits
The giga factory, from what I have read, is designed to to accept raw concentrate and produce and end product. This approach being different than the "big three", where they come from Mexico or another foreign land, in other words make your own batteries. Ultimately gaining cost effectiveness through quantity in the process. The batteries could then be produced for other manufacturers, cars or otherwise.
So when I read on this board that Tesla didn't need our cobalt because they already had their battery supplier for the Model Three, I was curious as to has the contract for their production.