Tesla’s Battery Day had hype for future commodity plans but little else: MI

摘要

Tesla CEO Elon Musk has proclaimed the electric vehicle giant is ready to move upstream and enter the mining industry as part of an effort to vertically integrate its supply chain, S&P Global Market Intelligence said Sept. 23. However, analysts have dampened the hype Musk laid out and assert that the billionaire’s plot will need to be seen to be believed. Musk and other executives announced a raft of downstream plans at Tesla’s Sept. 22 Battery Day, including expectations to grow vehicle deliveries by 30% to 40% year over year in 2020 even amid the coronavirus pandemic.