Last month, media reported that Tesla had discussed taking a minority stake in mining and commodity trading giant Glencore. The talks were interpreted as a sign of EV makers trying to secure the long-term supply of materials, without which they would be unable to hit their production—and emission reduction—targets. Yet there were other such deals for Tesla. Back in 2020, Tesla inked a deal with Glencore that would see the Swiss miner supply cobalt mined in the Democratic Republic of Congo to Tesla’s gigafactory in China and the…
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