That has to be taken in context, Tesla is building terrafactories on every continent and materials and supply chain is aimed to be local within or a very short distance from that continent, So for US, either North America or Canada, maybe even South/Central American. There is to be a factory set up in India in 2021 (more than likely once Berlin is done and Texas close to done) and Tesla wants another in S E Asia, maybe inland China or Korea or Japan. In talks with Indonesian Government over Nickel however the Indonesian Government wants battery and EV and Cathode etc production in Indonesia so lets wait and see . Unlikel;y to see one in Aust, this government and it's backers are only interested in Coal and mining and agriculture and real estate However there has been a lot of work being done by different groups on fast economical and cheap Lithium extraction from Clay using Salt. Tesla has purchased rights over 10,000 acres of clay Lithium tenement. Tesla misleads by omission and has secrets, their battery day was the coming out of a decade long secret project researching and developing Li Battery tech, Same with their materials science which they share with Space X. For them to announce the clay lithium extraction would suggest they have been working on that for some time with success. They only ever announce something when they can demonstrate it, they never show a concept product or CGI rtenderings, only a working prototype
ESS Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
