May 3rd, 2018
BNEF Brief: Elon Musk's Warning on Cobalt Use
Tesla said in a letter to shareholders it has slashed its reliance on cobalt for its Model 3 vehicle, while raising nickel content, and that its latest batteries already employ less cobalt than similar types already on the market. Elon Musk said on a conference call, "We think we can get cobalt to almost nothing." Bloomberg's Alix Steel talks with Bloomberg New Energy Finance Salim Morsy about Tesla's cobalt warning. (Source: Bloomberg)
