I don't doubt there's a tactical push to try & reduce or do away with RE motors for ESG, cost & political reasons - however I am skeptical of non RE magnet & motor development & what can be achieved in the next 5 or 10 years - a reduction looks possible but 100% RE free is absolute B/S just like fully autonomous driving which I have been skeptical of for over 5 years now - trains, highways with no pedestrians & controlled worksites possible but everyday driving - no chance - how many people already try jumping in front of cars deliberately to try & sue?
Don't forget Tesla is firmly setup in China & they are a huge market
Does anyone really think Elon with factories in China can escape using Chinese RE?
Tesla is facing increasing competition & is trying to squeeze out competition with lower prices which is eating into profits, fanfare & the narrative of cutting edge technology is all part of the marketing
Does anyone believe RE in computing & mobile phones & speakers will be no more?
There is no substitute for the power to size ratio of RE magnets
The military, technology, wind & aerospace uses of RE magnets means it will be extremely difficult to substitute RE - no military will risk falling behind or being underpowered or operating with compromised range or capabilities because of ESG concerns & no leading government will risk their economic advantages by putting ESG before profits & taxes & free lunches
It's not impossible to replace RE but extremely difficult it's likely to be long way off...
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