Elon Musk simply said Tesla may get into the mining business to ensure it can make enough batteries for future cars


elon musk

Tesla CEO Elon Musk.

AP Photo/Mark Schiefelbein, Pool.

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  • Tesla might get in the mining organisation as it seeks to ensure that it can make adequate batteries for future cars, CEO Elon Musk said on Tuesday.
  • As Tesla increases automobile and battery production, it will have to consider parts of the battery supply chain, like mining.

  • ” We may enter into the mining company. I don’t understand,” Musk said.
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Tesla might go into the mining organisation as it seeks to make sure that it can make sufficient batteries for future cars, CEO Elon Musk said on Tuesday.

Musk stated the electric-car maker’s ability to broaden its product lineup depends on being able to produce a big number of batteries.

“There’s not much point in including product complexity if we don’t have enough batteries,” he said.

Find Out More:Elon Musk simply said Tesla has a ‘good shot’ of setting a record for deliveries this quarter

As Tesla increases battery production, it will need to think about parts of the supply chain, like mining.

“We may enter into the mining company. I don’t know,” Musk said. “We’ll do whatever we need to guarantee that we can scale at the fastest rate possible.”

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