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Article June 17:LONDON (Reuters Breakingviews) - Elon Musk is...

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    23/09/20
    13:02
    Post #: 47564403
    Article June 17:

    LONDON (Reuters Breakingviews) - Elon Musk is giving his rivals the heavy metal blues. By securing 6,000 tonnes a year of cobalt directly from mining giant Glencore’s Democratic Republic of Congo operations, the Tesla boss is guaranteeing plentiful supplies of the battery ingredient while minimising headaches over its provenance. With China hoovering up more and more of the blue metal, he’s also putting the squeeze on electric vehicle competitors like General Motors and Volkswagen.

    At least try to sound clever
    AVZ Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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