Tesla is open to buying a mining company if producing its own supply of electric vehicle metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday .
"It's not out of the question," Musk told the FT Future of the Car 2022 conference."We will address whatever limitations are on accelerating the world's transition to sustainable energy. It's not that we wish to buy mining companies, but if that's the only way to accelerate the transition, then we will do that."
Other automakers and executives including Carlos Tavares, the CEO of Tesla rival Stellantis NV, have warned the auto industry faces a metals supply shortage.
Source: News Formal (newsformal.com)
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