Business
The end of fossil fuel cars: Tesla battery gains to trigger $30 trillion EV boom – RenewEconomy
Tesla says fossil fuel cars are on the way out and there is no time to lose. The contrast with the Australian government could not be more stark.
“Tesla cannot do it alone,” Morgan Stanley analysts said. “They will need the help (and the spending) of many other players in the EV/battery ecosystem.”
And that was exactly the message from Tesla and Musk. They intend to lead, becoming a fully integrated manufacturing company, cutting out the middlemen at so many levels – from mining, to cell production, and investing in new refining processes to cut the costs of battery components.
And the language from Musk and his team was the polar oppos…
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