Tesla Supplier CNGR Weighs Indonesia Battery Metal Unit IPO
Portfolio Pulse from Charles Gross
Tesla's supplier, CNGR, is considering an initial public offering (IPO) for its battery metal unit in Indonesia, according to Bloomberg.
September 14, 2023 | 9:39 am
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NEUTRAL IMPACT
Tesla's supplier, CNGR, considering an IPO for its battery metal unit in Indonesia could potentially impact Tesla's supply chain and costs.
The IPO of Tesla's supplier, CNGR, could potentially impact Tesla's supply chain and costs. However, the exact impact is uncertain and depends on the outcome of the IPO and the subsequent decisions made by CNGR.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70