Does This Extend to Acquisition (e.g., SYR)?While Musk has not explicitly signaled intent to acquire Syrah Resources or another graphite company as of March 2, 2025, his interest in the supply chain doesn’t preclude it. Tesla’s preference for offtake deals (e.g., Syrah, Magnis Energy in 2023) over outright ownership suggests a pragmatic approach—securing supply without the operational burden of mining. However, if domestic graphite development lags or geopolitical tensions escalate, an acquisition could become viable, especially with a company like Syrah that already has U.S. processing infrastructure.
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Last
39.5¢ |
Change
-0.015(3.66%) |
Mkt cap ! $411.6M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.0¢ | $1.446M | 3.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81804 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 10023 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| SYR (ASX) Chart |