That’s a pretty good summary of how I see it too. With all these headwinds, along with MTs last public presentation on the panel (that for me didn’t come across as positive), it feels like all our mom entum has ground to a halt and hence the SP continues to slide.
Our first mover advantage feels diminished and I'm starting to feel that a successful permit won’t be enough to turn the SP around.
What we need is Europe to increase their effort in incentivising OEMs to buy green batteries, otherwise all these local gigafactories being built will be making use of the dirty rubbish from China…. Otherwise we are genuinely at risk of TLG disappearing.
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