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![]() ![]() ![]() Runaway cobalt price (+148% Trailing Twelve Months) is fueling an aggressive push to create new supply. Audi, BMW and General Motors adjusting to put themselves in position to keep up with a changing auto market are causing the undersupplied cobalt market to undergo a shift of its own. In the past 8 months, the electric vehicle conversation stopped being about whether or not Tesla Motors (NASDAQ: TSLA) had the ability to scale, and started being about how the legacy companies are going to supply the growing EV market that Tesla opened up. FN Media Group Presents Market Commentary
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