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4/8, 9:13 PM (Source: TeleTrader)
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Tesla might opt to mine lithium due to prices - Musk

Tesla Inc. could decide to mine and refine the lithium it needs, CEO Elon Musk said on Friday.

"Price of lithium has gone to insane levels! Tesla might actually have to get into the mining & refining directly at scale, unless costs improve," Musk said in a tweet.

Musk explained that there is no shortage of the element itself, and went on to complain that the pace of extraction and refinement is slow.

Baha Breaking News (BBN) / BU