Business
Carbon credits might explain Musk’s lithium push – The Australian Financial Review
Vertical integration – in which a single business handles every stage of production – seems pretty outmoded. But Tesla, the world’s most valuable carmaker, has…
But not all Teslas strategies work, as a quiet retreat from heavy electric trucks showed. Vertical integration makes sense in immature industries. That might have applied in the heyday of Fords integrated Michigan Rouge plant. It does not apply today.
Lithium production in Chile. Shipment to the US burns fossil fuels.
There is a more basic reason for Musk to steer clear of lithium. Reserve estimates understate the huge quantities of this metal. Prices have more than halved since early 2018. Americas…
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