RE:Cobalt fair alliance When the million battery emerges with improved range and depth of discharge, it will replace 5 - 6 ICE lifetimes with 1/10 of the parts and ongoing service/maintenance costs. This technology will spell the end of the ICE and probably will require more, not less cobalt. Third party finance will own the battery and lease it back to car owners thus amortizing the up front costs over time (and multiple cars) making the battery cost irrelevant. Global scaling of battery manufacturing will also drive battery costs down.
Sept 22 might be very interesting. Tesla now trading at $2200/pre split share. Is that valuation telling us something?