[riku_iki]

my understanding is tesla secured sourcing of batteries, it doesn't mean they are cheap and obtainable on market in general.

[panick21_]

All car makers sign longer term deals with suppliers. Those deals are often index towards the market.

[riku_iki]

yes, but say toyota would want to significantly ramp up ev production tomorrow, it is not clear if they will get the same pricing as tesla who already secured contracts before demand started growing.