Tesla may buy a mining company if its own production of metals for electric vehicles will help accelerate the worldwide adoption of clean energy technologies.
According to the billionaire, it's not that Tesla wants to buy a mining company. The main reason is the desire to accelerate the transition to sustainable energy.
Tesla started thinking about mining lithium on its own back in 2020. This was one of the key points of the company's plan to reduce the cost of batteries, the company then received the right to develop lithium in Nevada.