SYA 0.00% 3.4¢ sayona mining limited

General Discussion Topics, page-27272

  1. 4,407 Posts.
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    When you look at what Tesla is doing, you get the magnitude of what is needed.

    Here is there most recent quarter
    https://hotcopper.com.au/data/attachments/3711/3711745-9ca16548d8203ad6554c710927631495.jpg
    In 2020 the produced just a tad less than 500k cars, in just this last quarter they produced 241k cars and are on pace to double the 2020 output.

    In 2022 they will open 2 new giga-factories, 1 in Berlin and 1 in Texas. These factories will be more automated and more cost efficient than what they currently have and they are predicting 50% YOY growth for the next 10 years.

    If all of the know reserves in Canada were able to come on line, I don't think it would satisfy even 1/2 of Tesla's needs. Let alone GM, Ford and VW.

    One more note that I noticed in todays meeting was that Tesla will adopt LFP in all of its standard range cars globally I think this is important because LFP utilizes carbonate instead of hydroxide .
 
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