Tesla are reknowed for drafting unfavourable deals. I am hoping for a more strategic long-term partnership, like LG or Ford.
Crunching the numbers, 100k Hydroxide p/a would place us at ~$10B @ x5 EBITA in 2030. Carbonite revenue would simply be an added bonus. That's close to a bag per annum... not bad
n.b: most downstream processing seems to trend around 7-8 EBITA, but i prefer conservative estimates
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