Shares of CATL, a key Tesla battery supplier, dropped sharply after the company reported disappointing third-quarter results, raising concerns about demand and margins in the electric-vehicle supply chain.
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Shocking. The battery cartel stumbles and suddenly it’s a headline. Anyone who watched EV lots fill up with unsold metal called this years ago.
Where I live, the EV future is a parking lot full of chargers that don’t work and a battery plant ribbon-cutting photo op. CATL sneezes, and our whole green dream catches a cold. Hilarious. We outsourced the one part that matters, then act shocked when margins slip. The market’s tantrum is the only thing charging fast around here.
