At today's close of 918 Tesla's PE should drop below 100 in FY 2022

**Walter** · 10-03-2022, 09:44 AM

Tesla has nickel supply contracts locked in, they also use a variety of battery chemistries (such as LFP above). Commodity prices rises will hit all auto manufacturers. My take is that this unfortunate war will damage ICE more than Tesla. It will also weaken newer profitless EV startups. Tesla will take a flesh wound, others will need ICU.

**Dassets** · 13-03-2022, 10:16 PM

Might have supply but that isn't the issue. Most of those types of contracts have regular market pricing resets. So it isn't a flesh wound. I believe TLSA gets most of its nickel from its Vale contract. Vale is heavily reliant on New Cal. But in terms of long term planning it is a pain. That mine is disputed and actually was about to close back in 17/18.