Fabled Silver Gold Corp T.FCO

😬Tesla Has a Big Achilles Heel...Cobalt😬

[JulianAssange]

There are a lot of investors out there who like Tesla. We understand why. The company has numerous promising technologies, it has a cult of personality centered around Elon Musk, and it has the vibe of a new great American consumer company (just like Apple felt circa 2007). However, the company appears to have a major Achilles heel that could prevent it from reaching the heights stock investors hope-a lack of cobalt. Cobalt is a critical ingredient in batteries for electric vehicles, and prices have tripled since last summer as demand has grown and supply looks weak. Cobalt is principally mined in the Democratic Republic of Congo, a highly unstable country, and is refined in China.

https://www.nasdaq.com/article/tesla-has-a-big-achilles-heel-cm885850