tutor2u | Tesla takes stake in a nickel mine

In the News

Tesla takes stake in a nickel mine

Graham Watson

5th March 2021

Tesla has made an interesting move to secure its nickel supplies, taking a stake in a New Caledonian nickel mine.

It's not vertical backwards integration - because its not a complete takeover - but it has the same effect in securing a source of supply, and denying it to its competitors.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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