Tesla's top China rival is exploring a faster method for lithium mining in Latin America — and offering free patents to build the industry - Autoblog

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Tesla's top China rival is exploring a faster method for lithium mining in Latin America

Still, Tesla's record-setting quarter and subsequent cheers from Wall Street masked a key stat: The companyThat means Musk has his work cut out for him as far as finding new ways to boost demand, or else his company's inventory could keep ballooning and margins may shrink. , with the likes of Tesla and BYD pitted against the long-standing demand for traditional gas-powered cars.

The two company's record delivery figures suggest that plenty of consumers do indeed want to go electric, but for Tesla in particular to resolve its production and delivery disparity, analysts say more

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