How Tesla Avoided a Nickel Supply Crisis

The transcript discusses Tesla's strategic approach to securing nickel supplies for electric vehicle batteries. Tesla has been proactive in signing long-term contracts with nickel providers, such as the Brazilian miner Vale, to ensure a steady supply of this crucial metal. The company emphasizes vertical integration to manage costs and mitigate potential market fluctuations. Despite securing nickel supplies, Tesla continues to raise prices, indicating other cost pressures. The discussion highlights Tesla's focus on maintaining a competitive edge through strategic supply chain management and cost control.

What challenges does Tesla face regarding cost variations in nickel supply?

How does Tesla's long-term contract for nickel benefit the company?