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Tesla is going (back) to EV motors with no rare earth elements.

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    Tesla is going (back) to EV motors with no rare earth elements.

    Tesla stated today that, between 2017 and 2022, it managed to reduce rare earth usage in these new Model 3 drive units by 25% as it increased the efficiency of the drivetrain.But now it looks like Tesla is trying to get the best of both worlds: a permanent magnet motor, but without rare earth elements.

    https://electrek.co/2023/03/01/tesla-is-going-back-to-ev-motors-with-no-rare-earth-elements/

    I am looking for rare earth opportunities. But a permanent magnet motor without rare earth looks a bad news, will it come true?
 
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