Tesla’s Rare Earths Shift Propels Rally in Korean Ferrite Stocks

(Bloomberg) — Two months after Tesla Inc. unveiled plans to drop the usage of rare earths in its future models, ferrite stocks in South Korea are skyrocketing on bets that the material will be an alternative. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoBuffett Will Beat the Market as Recession Looms, Investors SayMorgan Stanley Plans 3,000 More Job Cuts as      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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