Commodities & Energy

Reuters reveals Tesla expects global shortage of electric vehicle battery minerals

Reuters reveals Tesla expects global shortage of electric vehicle battery minerals

Reuters revealed that Tesla Inc expects global shortages of nickel, copper and other electric-vehicle battery minerals down the road due to underinvestment in the mining sector. The company, a major minerals consumer, has rarely talked publicly about its views on the metals industry, the company’s global supply manager for battery metals told an industry conference. The company, a major minerals consumer, has rarely talked publicly about its views on the metals industry. Copper, nickel, lithium and related minerals are key components used to make electric-vehicle batteries and other parts.