Why Elon Musk wants Tesla to start mining lithium ...Middle East

Economy by : (Quartz) -
Individual recruitments at big companies like Tesla don’t ordinarily attract outside attention. But when, in mid-April, an exploration geologist announced on LinkedIn that he’d left Rio Tinto to join Tesla, it sparked speculation. Why a geologist? Why Tesla? What kooky plans did Elon Musk have in store now?On Apr. 8, having complained about the skyrocketing price of lithium—an indispensable element in Tesla’s batteries—Musk suggested that his company might have to mine the metal itself. Tesla may have other plans for its new geologist, of course, but Musk isn’t the only one in his industry trying to secure supplies of metals that are essential to storage batteries and electric vehicles. http

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