Electric cars.

I see Elon Musk is to receive a $23 billion bonus after price hike boosts Tesla profits by over 600%

Musk to receive $23bn bonus after price hikes boost Tesla profits

It is also reported that Musk is not yet working on a promised $25,000 electric car, not a surprise there. Why produce a cheaper car when you can stick on an extra 10k on the higher end of the market.

 

He is now the world's richest man. He must be doing something right.

 

Once you get a certain amount of money I think it becomes difficult to not make more.
Not sure what that amount is but when I get there I'll let you know.

 

If I get there I won't admit to knowing you guys!

 

Or alternatively, "want" more.

I see the Tesla factory in Shanghai has resumed operations after being forced to close for 3 weeks due to lockdown. They have reopened the factory under a closed loop system for 2 weeks to prevent further disruptions. Workers are reported to have to work 12hour shifts on a 6 consecutive day bases. Tesla have provided the work force with a sleeping bag and mattress plus an allowance for food.

 

Who said that?

 

Well there you go, no employment laws.

 

Nickel prices have soared recently The perfect storm increasing the cost of a crucial metal Nickel being used in Lithium batteries as well as stainless steel.
Russia was one of the largest suppliers.
If nothing else it will encourage recycling.
Interestingly Cornwall has lithium and Cornish Lithium is developing extraction plants initially based on geothermal water Cornish Lithium Ltd | Lithium exploration within Cornwall, UK

 

I think I read somewhere that years ago in Cornwall they used to come across lithium when mining for tin..
They dumped it because nobody had a use for it.

 

I was out today for a fair trip (by my current standards) and did 108 miles, mainly on the A720, M8 and M90. I was flabbergasted by the number of Teslas I saw. They seem to be extremely popular around here, possibly because there is a Tesla dealer in Edinburgh.

 

I noticed that too Jocko travelling back from Gloucester last year.

I'm surprised at how popular they are, there's nothing attractive about them.