Well it depends on how much demand there is for it so I think prices will definitely go up. After all, Tesla is not the only one using nickel.
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Well it depends on how much demand there is for it so I think prices will definitely go up. After all, Tesla is not the only one using nickel.
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Nickel is used everywhere, but Tesla's purchase of the metal may be a signal to other users of nickel to buy. I'm not expecting nickel to each USD 22 per pound as it did decades ago, but it should rise from the USD 7 per pound or USD 8 per pound whre it's been for a few years.
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