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Wednesday, October 22, 2025 1:45:14 PM
Sep 23 2020 - 1:46 pm PT<<<< 5 years later ??? Hmmmm come on PDIV !!!!!!!!!!
Tesla is now officially getting into the mining business with a lithium claim on 10,000 acres in Nevada.
At the Battery Day event yesterday, as part of its entire new battery supply strategy, Tesla announced that it is developing its own lithium processing method.
Drew Baglino, SVP of engineering at Tesla, said:
The CEO confirmed that it acquired a lithium claim in Nevada:
“We got rights to a lithium claim deposit in Nevada – over 10,000 acres.”
Nevada is known to have a large reserve of lithium that is still not being exploited in volume.
Lithium Americas is one of the companies most far along in the development of mining operations in the region.
Musk said that Tesla is planning to have a low impact on the environment that it is mining:
“We take a chunk of dirt in the ground, extract the lithium, and put the chunk of dirt back where it was. It will look pretty much the same as before.”
Tesla didn’t offer a clear timeline on getting its mining operations up and running.
345,000 share float ????? COME on TESLA !!!! BUY THOSE CLAIMS BABY !!!! and Acres..........
Tesla is now officially getting into the mining business with a lithium claim on 10,000 acres in Nevada.
At the Battery Day event yesterday, as part of its entire new battery supply strategy, Tesla announced that it is developing its own lithium processing method.
Drew Baglino, SVP of engineering at Tesla, said:
The CEO confirmed that it acquired a lithium claim in Nevada:
“We got rights to a lithium claim deposit in Nevada – over 10,000 acres.”
Nevada is known to have a large reserve of lithium that is still not being exploited in volume.
Lithium Americas is one of the companies most far along in the development of mining operations in the region.
Musk said that Tesla is planning to have a low impact on the environment that it is mining:
“We take a chunk of dirt in the ground, extract the lithium, and put the chunk of dirt back where it was. It will look pretty much the same as before.”
Tesla didn’t offer a clear timeline on getting its mining operations up and running.
345,000 share float ????? COME on TESLA !!!! BUY THOSE CLAIMS BABY !!!! and Acres..........
Bullish
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