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Meanwhile, he also stated that TSLA is attempting to manufacture batteries using more materials. In the foreseeable future, TSLA, like other companies in the industry, will focus on nickel based chemicals for long range vehicles and iron phosphate for short range vehicles.

Last month, Musk once again emphasized the importance of nickel. He believes that although it is called a lithium battery, the proportion of lithium in the battery is only about 2%. Technically speaking, it should be referred to as a "nickel graphite" battery, as the important component in the entire battery is nickel. At TSLA's latest quarterly conference call, Musk said, "Please all miners mine more nickel in an environmentally friendly manner and maintain effective supply, so TSLA will supply a considerable long-term large order

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