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InsideEVs
InsideEVs
Technology
Steven Loveday

Musk: Tesla Won't Acquire A Car Company, But Maybe A Mining Operation

For companies to successfully produce more EVs, we need more batteries. To make more batteries, producers need more raw materials. This all comes as no surprise, and Tesla CEO Elon Musk has already noted that the electric automaker may consider getting into mining.

It seems Tesla is ready and willing to enter into new territories if the need arises. However, during Elon Musk's recent interview with Financial Times, he made it clear that Tesla has no plans to acquire another automaker.

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