Elon Musk’s Tesla Has Very Bad News

This is undoubtedly news that will relieve Tesla’s (TSLA) – Get Tesla Inc Report rivals because it thwarts the electric vehicle manufacturer’s plans to increase its market share. Its chief executive officer Elon Musk seemed to have aligned the pawns well to keep Tesla’s rivals in the very lucrative market of electric vehicles at bay.

Tesla has started officially delivering vehicles from its new factory near Berlin, Germany. The group is due to inaugurate its fourth production plant in Austin, Texas on April 7. And in addition, Tesla has managed to forge agreements with producers of nickel, a key metal in the development of batteries.

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