Business
ASX shares Tesla (NASDAQ:TSLA) needs to survive – Motley Fool Australia
Tesla cannot continue to grow without ASX shares that mine materials for lithium batteries. The scale will need as much supply as possible.
The Tesla Inc(NASDAQ: TSLA) share price has been one of the great gravity defying shares of 2020. Tesla is at the vanguard of electric cars, which is impressive enough, but also in the field of power transmission and distribution. Accordingly, there is an incoming wave of predominantly lithium batteries designed to be used for multiple purposes. These require materials produced by some ASX shares.
Building batteries is not going to be possible without a steady, high quality supply of the neces…
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