Tesla can join the lithium industry
Realizing that the price of lithium has increased “crazy” in the past few years, Elon Musk revealed that Tesla will be directly involved in mining and refining this substance.
Share on social network Twitter on April 8, Elon MuskCEO Tesla, stated that “the price of lithium has gone up insanity” while “the element is not rare” and is “almost everywhere on earth”. The technology billionaire thinks that the problem is only in the speed of mining and refining.
Criticizing the high price of lithium, Elon Musk said Tesla will enter the field of mining and refining this substance Screen capture |
Lithium is a vital element in the battery industry, as it is the lightest and least dense metal, providing the highest power-to-weight ratio. Not only applied on phone batteries or some portable electronic devices, lithium is also essential in technology production of batteries for electric cars – a component that accounts for about one-third of the vehicle’s cost, and is one of the factors that directly affect the competitiveness of an electric vehicle in the market.
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If Tesla mines and refines lithium on its own, it will have a stable lithium supply for electric vehicle production, and at the same time have a great influence on the global price of lithium. Again, Elon Musk is funny, but never joking.
at Blogtuan.info – Source: thanhnien.vn – Read the original article here