Tesla's US$5 billion nickel supply deal won't reduce its reliance on China or advance its new EV tax credit eligibility

[Redaktion]

The US$5 billion deal for Indonesian nickel may not reduce Tesla's dependence on China in terms of battery materials supply, as two Chinese companies could be behind it. Tesla has been hedging its nickel bets for a while, though, and the deal in Indonesia will add to its supply diversification efforts.

https://www.notebookcheck.net/Tesla-s-US-5-billion-nickel-supply-deal-won-t-reduce-its-reliance-on-China-or-advance-its-new-EV-tax-credit-eligibility.639788.0.html