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September 23, 2020 12:09 am GMT

Tesla is building a cathode plant and getting into the lithium mining business

A little more than a year ago, during Tesla’s 2019 shareholder’s meeting, CEO Elon Musk said the company “might get into the business of mining minerals used in electric vehicle batteries.” Today, during Tesla’s so-called Battery Day event, Musk confirmed that the company is officially getting into the mining business. Tesla has secured the rights […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2GqSvqerPN4/

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