Tesla’s next-gen powertrain news results in rare earth miners’ stock plunge: report

During its recently-held Investor Day event, Tesla VP for Powertrain Engineering Colin Campbell announced that the electric vehicle maker’s next-generation powertrain would use a permanent magnet motor that uses zero rare earths. The comments appear to have resulted in a plunge in the stock of rare earth miners from China.  In his presentation, Campbell noted […]

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