In the News
Tesla takes stake in a nickel mine
Graham Watson
5th March 2021
Tesla has made an interesting move to secure its nickel supplies, taking a stake in a New Caledonian nickel mine.
It's not vertical backwards integration - because its not a complete takeover - but it has the same effect in securing a source of supply, and denying it to its competitors.
Tesla partners with nickel mine amid shortage fears https://t.co/MnZizOYt3q
— BBC News (World) (@BBCWorld) March 5, 2021
New Caledonia agrees to Vale nickel mine sale, Tesla to be partner https://t.co/oSIFPsgs7p pic.twitter.com/JYQx633HYK
— Reuters (@Reuters) March 4, 2021
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