Everyone knows the phrase that describes all the delights of cave capitalism — «Nothing personal — it’s business.» Many people still profess a similar philosophy, going practically over their heads. But this is definitely not the philosophy of Elon Musk and Tesla.
On September 8, Tesla joined a group of companies that formed an alliance called
The first point then for many was the reorientation of their supply chains towards «clean» producers, and the refusal to purchase cobalt from companies that used child labor. This, in turn, became an element of pressure on these producers to change their «production» relations.
The second point was just education
Tesla’s cobalt suppliers are required to adhere to the company’s Code of Business Conduct and Ethics. Many of the company’s direct suppliers receive raw materials through subcontractors, but Tesla conducts due diligence to ensure the safety and respect of workers.
Tesla is currently independently developing new battery cell technology as part of its battery division, which was expanded by the company last year.
He also conducts similar work with counterparties (CATL, LG Chem, and others) to create an element with an ultra-low content or almost completely no cobalt.
How well this process is going, and how far Tesla has progressed in it, we will know very soon. # Elon Musk continues to intrigue with the imminent Battery day on September 22nd.
But as long as there is cobalt in the batteries, it is necessary that it be «cleansed» of slave and child labor. And this is the main moral imperative that is implemented through appropriate policies.
Already, some Chinese Tesla Model 3s are using CATL’s lithium iron phosphate (LFP) cells, and the technology is reportedly cobalt-free.
In the same time
Tesla reportedly is in talks to supply nickel for batteries with a Canadian mining company.
So, we are waiting
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