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Musk says Tesla, SpaceX facing significant inflation risks | One America News Network

https://www.oann.com/musk-says-tesla-spacex-facing-significant-inflation-risks/
Russia’s invasion of Ukraine has led to a surge in prices of metals used in cars – from aluminum in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries – and customers are likely to foot the bill. Soaring raw material prices has raised concerns about EV economics, as legacy automakers and startups prepare to launch new cars this year after overcoming problems related to chip shortages.
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