Elon Musk says Tesla’s new Cybercab motor has no rare earths, but analysts saw the move as only a slight step towards reducing industry reliance – or China’s leverage.
Elon Musk announced that Tesla's next-generation electric vehicle motors do not use rare earth elements. This move has reignited debates about China's critical role in supply chains.
Tesla CEO Elon Musk made an important announcement regarding the company's next-generation electric vehicle technology. Musk stated that the electric motor used in Tesla's new Cybercab model does not contain rare earth metals. According to Musk, the new...
Elon Musk claims that the Cybercab engine does not use rare minerals, a bet that could reduce Tesla's dependence, although experts warn that their efficiency and large-scale production capacity still need to be demonstrated.