Tesla Inc. is taking steps to begin operations in Chile, a country with the world’s biggest reserves of lithium but still low penetration of electric vehicles.
The company registered Tesla Chile SpA, according to a post on Chile’s official gazette dated September 28. The unit can carry out activities such as the sale and fabrication of cars and those related to “generation of energy and electricity.”
https://www.bloomberg.com/news/articles/2023-11-09/tesla-prepares-incursion-into-south-america-via-lithium-rich-chile#xj4y7vzkg
If Tesla mops up Albemarle it’s literally game over for many EV hopefuls. The market for EVs down in low socio economic South America would be minimal. The desire of Tesla to enter many many other jurisdictions before entering South America would be huge. So why are they setting up shop down there?
how much would arcadium be worth if Albemarle was taken over by Tesla?
Not advice
