Episode 403: Q1 Earnings Call Recap, Highlights, and Analysis
Ride the Lightning: Tesla and EV Podcast
00:00
Tesla's Lithium Refining Capacity
Six months ago, we were trading at like $85,000 a ton. And today's spot price is about 26. So it's hard to read into those price swings. Of course, we were able to take advantage of low lithium pricing earlier on with fixed price contracts. We find that this is going to be another opportunity, opportunity moment to basically extend that into the later off the decade. But at the quantities, we're procuring, we're not as impacted by the spot market because we have those contracts in place.
Transcript
Play full episode
