TSXV:FCO.H - Post by User
Comment by
ufoolmeon Apr 14, 2016 12:09pm
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Post# 24766648
RE:RE:RE:RE:RE:RE:RE:Spiking Lithium Prices Could Dent Tesla’s Profits
RE:RE:RE:RE:RE:RE:RE:Spiking Lithium Prices Could Dent Tesla’s ProfitsThe batteries for the approximately 100,000 Tesla automobiles delivered to date were sourced for the most part from Panasonic. The batteries are then assembled into battery packs suitable for use in the automobiles they manufacture. It would make sense that Panasonic will continue to build and deliver batteries to Tesla. While the giga factory is not yet complete, they have already began producing batteries in the first quarter of 2016. Panasonic invested $1.6 billion in the gigafactory.