Elon Musk simply stated Tesla may get into the mining enterprise to verify it will possibly make sufficient batteries for future automobiles (TSLA)

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elon musk

  • Tesla may enter the mining enterprise because it seeks to make sure that it will possibly make sufficient batteries for future automobiles, CEO Elon Musk stated on Tuesday.
  • As Tesla will increase automobile and battery manufacturing, it should take into account components of the battery provide chain, like mining.

  • “We would get into the mining enterprise. I do not know,” Musk stated.
  • Go to Enterprise Insider’s homepage for extra tales

Tesla may enter the mining enterprise because it seeks to make sure that it will possibly make sufficient batteries for future automobiles, CEO Elon Musk stated on Tuesday.

Musk stated the electric-car maker’s capacity to broaden its product lineup is dependent upon with the ability to produce a lot of batteries.

“There’s not a lot level in including product complexity if we do not have sufficient batteries,” he stated.

Learn extra: Elon Musk simply stated Tesla has a ‘good shot’ of setting a file for deliveries this quarter

As Tesla will increase battery manufacturing, it should take into account components of the availability chain, like mining.

“We would get into the mining enterprise. I do not know,” Musk stated. “We’ll do no matter we have now to to make sure that we are able to scale on the quickest price potential.”

Have you ever labored for Tesla? Do you will have a narrative to share? Contact this reporter at mmatousek@businessinsider.com.

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