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Bnef Brief: Elon Musk's Alert On Cobalt Use

From Bloomberg New Energy Finance:
Tesla said inwards a missive of the alphabet to shareholders it has slashed its reliance on cobalt for its Model three vehicle, field raising nickel content, together with that its latest batteries already employ less cobalt than like types already on the market. Elon Musk said on a conference call, "We mean value nosotros tin popular off cobalt to almost nothing." Bloomberg's Alix Steel talks amongst Bloomberg New Energy Finance Salim Morsy close Tesla's cobalt warning. (Source: Bloomberg)

If interested come across besides final August's "Batteries: Manufacturers Are Reducing the Amount of Cobalt Used In Electric Vehicles" together with Feb. 2017's "Electric-car makers on battery alarm equally hedge funds stockpile cobalt"

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