Tesla Inc. on May 8 broke ground on its new lithium refinery in Corpus Christi, Texas, which CEO Elon Musk said should produce enough battery-grade metal to build 1 million electric vehicles by 2025. The move would make Tesla the only major car manufacturer in North America that will refine its own lithium. The facility…
Musk Confirms Tesla’s Plans to Build Lithium Refinery in Texas
October 20, 2022
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Tesla CEO Elon Musk has confirmed that the company is pressing ahead with plans to build a lithium refinery in Texas to boost domestic production of the key commodity used in electric vehicle batteries. Musk made the remarks during a Tesla earnings call on Oct. 19, during which he called battery-grade lithium “crazy expensive” and…
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