Tesla was in talks with Glencore earlier this year about potentially buying a stake in the mining giant, sources with knowledge of the matter told the Financial Times on Monday, as EV manufacturers are increasingly looking to forge partnerships and closer ties with miners to procure critical metals. But the talks, initiated last year, ended in March this year without a deal being reached, FT’s sources said.
Tesla was said to be considering buying up to 20% of Glencore, a mining giant with an extensive production of nickel,…Why Tesla Considered Taking A Stake In Glencore
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