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Benzinga
Benzinga
Business
Rachit Vats

Is Tesla Buying A Lithium Mining Company? What Elon Musk Has To Say

Elon Musk lithium Mining Nasdaq Tesla Inc. electric vehicle

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Tuesday it is quite possible the electric vehicle maker could buy a mining company to fuel its needs for lithium and other raw materials that go into making rechargeable batteries.

What Happened: The billionaire entrepreneur, who was speaking remotely at the Financial Times Future of the Car conference, said Tesla could go a step further and buy a mining company as a strategic move.

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