Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Anybody got a link to the tesla battery day please
Thank you kindly Scottj
Elon Musk
@elonmusk
·
10h
Important note about Tesla Battery Day unveil tomorrow. This affects long-term production, especially Semi, Cybertruck & Roadster, but what we announce will not reach serious high-volume production until 2022.
Elon Musk
@elonmusk
·
10h
We intend to increase, not reduce battery cell purchases from Panasonic, LG & CATL (possibly other partners too). However, even with our cell suppliers going at maximum speed, we still foresee significant shortages in 2022 & beyond unless we also take action ourselves.
Elon Musk
@elonmusk
The extreme difficulty of scaling production of new technology is not well understood. It’s 1000% to 10,000% harder than making a few prototypes. The machine that makes the machine is vastly harder than the machine itself.
Its going to be really interesting to see how today pans out, if i follow the maths that on this board it takes about a ton of Nickle to make 25 Tesla Model 3's. They are planning to make 500000 in the Freemont California factory from 2020 onwards .
500000/25 = 20,000 ton Nickel. Using a 9 .5 .5 battery chemistry about 1000 ton cobalt.
Vemelho'S output 25,000 tonnes of nickel and 1,250 tonnes of cobalt per annum
We already know that he's bought the machines to make the batteries and the technology companies to produce new designs from Luke's kind posts.
We also know from a Proactive Investor interview that JM was planning back to back site meeting with the banks and car companies early 2020 and we know that at least the banks visit took place before Covid as its mentioned when he delivered the finance package. From that it's reasonable to assume Tesla were also on site 6 months ago.
Since then we've had additional work around CSR and environmental sustainability for a site that was given a construction permit 15 years ago. It's not that hard to see Tesla locking in a uber clean supply of materials to produce its Model 3, they've already stated that's their intention, Elon even tweeted it.
I've bought some more today
Good summary Harkin.
I can't believe people are selling at this level before battery day. Although it's a small possibility we land a deal with Tesla it certainly is possible and all of the signals are there. We tick every box for what Elon is asking for and I'm sure we must be on Tesla's radar.
Even if Tesla are not in on Vermelho, tonight Elon will lay the blueprint for EV manufactures to move into battery production whilst stressing the huge demand for batteries. If Tesla aren't in on Vermelho, another big EV player will take the opportunity
Battery suppliers have 5 year orders to major OEMs. They need to secure they supply to fulfill their contracts or risk failing to do so and losing market share and ultimately contracts. Europe wants its own supply chain and could look to lock up supplies outside of Asia/not releiant on Chinese and they won't accept Indonesian polluting metals in the supply chain. However the Chinese have experience in HPAL and we could have to work with them to move it forward.....plenty of choice out there.
HI Harkin
What about Teslas other vehicles in particular the Semi which will require 10 times the battery power of a model 3 and which Mr Musk wants to be producing in limited numbers by the end of this year. The Cybertruck will probably have twice the battery power of the Model 3 due to start production mid 2021. Then there is the Power business he wants to become an energy supplier / optimiser that means lots of grid storage and also lots of Power-walls.