Tesla has been ramping up output at an impressive pace despite lockdowns and power problems in China and a late start in Germany, but the scale of the task is put into perspective by Musk’s proud announcement earlier this month that the Texas-based company has now reached the 3 million vehicle-mark – since its first production model launched in 2008. Tesla is expected to deliver 1.4–1.5 million vehicles in 2022.
Not only did Tesla stop working on a cheap and cheerful Model 2, crucial to achieving those lofty goals, now new data compiled by MINING.COM show the run up in metal prices would make a mass market Tesla at that price point almost impossible to build and the bill of materials for 20 million vehicles a year hard to swallow even for a company that is showered with cheap capital.
Combining data from Benchmark Mineral Intelligence, a London-headquartered price reporting agency, and battery supply chain consulting…
