Economics

In the News

Tesla takes stake in a nickel mine

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.

Tesla partners with nickel mine amid shortage fears https://t.co/MnZizOYt3q
— BBC News (World) (@BBCWorld) March 5, 2021

New Caledonia agrees to Vale nickel mine sale, Tesla to be partner https://t.co/oSIFPsgs7p pic.twitter.com/JYQx633HYK
— Reuters (@Reuters) March 4, 2021

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.