Tesla (TSLA): Elon Musk wants more nickel and more good employees

If one thing transpired out of Tesla’s (TSLA) Q2 earnings, it’s that Tesla CEO Elon Musk wants more nickel and talented people at the automaker.

Considering that Tesla was able to maintain strong deliveries amid a global pandemic, talks of demand issues are starting to surface, and analysts are starting to look at production constraints again.

As usual, Musk pointed to battery cell supply as the main production constraint for Tesla.

Musk brought up an interesting new strategy from Tesla to help manage battery supply with LFP iron phosphate batteries.

We previously reported that Tesla is introducing a new version of the Model 3 in China with LFP batteries.

During Tesla’s Q2 2020 earnings call, Musk explained that Tesla believes its improves efficiency enough that it is…

Source link

About coldfusion

Check Also

Is It Time For Big Oil To Split Up?

Last October, a hedge fund disclosed a stake worth $750 million in Shell and urged …

Leave a Reply

Your email address will not be published. Required fields are marked *