Musk has already signed contracts with BHP in July
And is having negotiations with Chief Executive Officer Randy Smallwood of Wheaton Precious Metals, who is one of the world’s largest metals streaming companies, whose business involves giving miners upfront financing in exchange for the right to buy produced metals in the future at a discount.
Musk has also gone on the record as saying he looks to engage in business with companies already in production, saying he can’t bet the production flow of Tesla on non-producing companies.
He said “While I am not risk adverse, I don’t like taking on other people’s risk, if the can’t get into production there’s no reason for me to get them across the finish line.”
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