Tesla held discussions with Glencore about potentially buying a stake in the Swiss commodities company, according to two people familiar with the matter in a report from Financial Times. The automaker talked about potentially buying a stake of between 10 and 20 percent in Glencore, and the companies began talks about the plan as early […]
General Motors (GM) has announced a sourcing agreement with Australia’s Glencore supplying cobalt for the automaker’s EVs, as announced on Tuesday. Cobalt is one of the main metals used in the production of EV batteries, and Glencore’s cobalt will be used in GM’s Ultium battery cathodes for the Chevy Silverado EV, the GMC Hummer EV […]
In the quest for sustainable transportation for all, Tesla has had ongoing difficulties finding ethically-sourced metals, and now it’s under scrutiny once again. Tesla has just joined a new initiative, the Fair Cobalt Alliance, supporting artisanal cobalt miners in the Democratic Republic of Congo, according to Bloomberg. These cobalt workers largely mine by hand and […]
