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Bloomberg· 2025-11-12 16:33
Green Energy Transition - European Energy aims to become a global force in the green transition [1] - European Energy is developing e-methanol under the European Union's new renewable fuel framework [1] - European Energy's e-methanol development is now a reality [1]
Tesla Is Getting Burnt By Copper's God Candle
Benzinga· 2025-07-09 12:34
Group 1 - Copper prices surged by over 13%, marking the largest single-day gain in history, which poses a significant cost increase for electric vehicle manufacturers like Tesla [1][2] - Tesla vehicles utilize approximately 180 pounds of copper per unit, significantly more than traditional gas-powered cars, making the company particularly sensitive to fluctuations in copper prices [2][5] - The recent tariff threats from the Trump administration are seen as a contributing factor to the copper price surge, which could impact the construction costs of both Tesla vehicles and data centers [3][4] Group 2 - The rising copper prices threaten the affordability of electric vehicles at a time when mainstream adoption is accelerating, potentially forcing Tesla to reconsider its sourcing strategies [5] - While copper miners may benefit from the price increase, Tesla faces challenges due to its reliance on copper for its production lines [5]