Electric carmaker Tesla announced dissappointing third quarter earnings Wednesday. $TSLA announced a bigger loss and again production is behind. How long before the Tesla cultists fall out of love with CEO Musk’s charm?
Electric Vehicle excitment and changing China regulatons have seen nickel soar in 2017 with prices up about 30 percent since mid-June. At LME week the industrial metal has all the buzz as battery makers are using more nickel in electric vehicle’s power sources.
Industrial metals have been on a tear in 2017 and the London Metal Exchange has taken the start of LME week Monday to announce that it is planning to launch futures contracts for the battery metals Lithium and Cobalt as early as the start of 2019.
Tesla $TSLA reports Q2 earnings after the market close Wednesday as their Model 3 made it’s first delivery this weekend. To be prepared we go into depth in these seven key areas.