Oct 06, 2020
Tesla is intalks with top miner BHP over nickel-supply deal
TeslaInc. is in talks with BHP Group on a nickel deal as the electric-car makertargets higher production and seeks to avoid a supply crunch, according topeople familiar with the matter.
Talksare held up on pricing, and no final agreement has been reached so far betweenthe automaker and BHP, the world’s largest miner, said one of the people,requesting anonymity because the talks are private. The discussions come asTesla works to raise the amount of the metal used in vehicle batteries toimprove performance, and as it makes a push into in-house cell production.
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