Guys Syrah is already under contractual obligation to supply...

Guys Syrah is already under contractual obligation to supply Tesla up to 8ktpa of AAM offtake (of it's 11.25ktpa capacity) once Tesla confirms validation & commencement. Hence they only really had 3.25ktpa of spare capacity they could commit to providing to a new customer - of which Lucid will take 2.33ktpa of (i.e. 72% of total spare capacity).

So most of the existing Vidalia 11.25ktpa is now committed - and Tesla has an option for up to an additional 17ktpa of the additional 33.75ktpa (50%) of the 45ktpa upgrade option.

With very limited non-China global AAM supply, brewing trade tensions & a Chinese CCP quite happy to weaponise the US's critical trade dependencies in reply, and a live & imminent Chinese graphite/AAM dumping inquiry - It really isn't too hard to see the possibility of Tesla (& other OEM's) finally realising it's in their own longer term interests to secure scarce non-Chinese AAM supply, and stop stalling/dithering on qualification processes for their own short-term interest in continuing to hoover up cheap State-sponsored Chinese synthetic AAM.

US OEM's continuing short term thinking & political lobbying to delay government action on shoring up critical domestic suppl, could come home to roost quite dramatically, and be one of the biggest own-goals & unintended consequences of their incredibly short-term thinking.

Watching & waiting for the possible fireworks, caused by their own greed & incredible short-term greed & self-interest...