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Tesla takes stake in a nickel mine

Graham Watson

5th March 2021

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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.

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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.