Tesla is going (back) to EV motors with no rare earth elements., page-38

One last comment. Elon often spreads rumors long before they tare relevant. Think of truck and semi. People are asking questions about REE availability even as prices are falling So he makes some off the cuff Remark. All
REE stocks are way down Lynas's fall is not the biggest. his should unwind in a week. PM motors may have substitutes but they will never go away. Simple reason IF A good substitute is found. then REE Demand will go down. Supply is going up so equilibrium will be achieved. Investors dreams of easy fortunes may go away but not PMS