Musk hopes Tesla won’t need to enter mining business: Report
While the idea of Tesla entering the mining business is quite exciting, CEO Elon Musk said he hopes the company would prefer it if it did not have to enter the industry.
During an interview on the Getting Stoned podcast, Musk, asked if the electric vehicle maker’s mining aspirations are on the back burner, said that Tesla does not want to go into the mining segment, partly because of its limitations, reports Teslarati.
“Well, we do not want to go into the mining industry or the sort of refining industry because the limitation, I think, is actually more. For example, with lithium, it’s more lithium refinement than it is the actual mining.
