EXCLUSIVE INTERVIEW: TESLA'S SCALING AMBITIONS W/ NICKEL INDUSTRY CEO

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This interview delves into the critical role of nickel for Tesla's ambitious scaling plans, particularly Master Plan Part 3. The discussion highlights the significant challenges in increasing nickel production, especially within the United States, due to lengthy permitting processes and conservationist opposition. While the US possesses nickel deposits, bringing them online is a decade-long endeavor. The conversation emphasizes that EV demand, though growing, is still a small percentage of overall nickel demand, but its price inelasticity significantly impacts the market. The CEO of Flying Nickel Mining Corp. explains typical nickel contracts, Tesla's unusual direct involvement in securing raw materials, and the potential for supply shortages in the next 3-7 years. He suggests Tesla's strategy is to ensure supply chain stability, akin to Apple securing cobalt. While direct mine acquisition is a last resort due to high CAPEX and complexity, Tesla might invest in mining companies to secure future supply. The outlook for nickel is positive for the next five years, making it a key element for EV manufacturers.