Tesla (NASDAQ: TSLA) Withdraws Termination Threat Against Syrah Resources As Graphite Supplier Demonstrates Qualification Progress

Tesla (NASDAQ: TSLA) Withdraws Termination Threat Against Syrah Resources As Graphite Supplier Demonstrates Qualification Progress

Tesla (NASDAQ: TSLA) has backed away from terminating its supply agreement with Australian graphite producer Syrah Resources after the company demonstrated sufficient progress in meeting product qualification requirements. The electric vehicle maker accepted that Syrah had produced conforming natural graphite active anode material samples and made enough progress to address an alleged default under their offtake agreement, according to a stateme…