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Tesla plans to produce lithium for 1 million vehicles from Texas refinery -Elon Musk
2023.05.08 18:45
© Reuters. Tesla CEO Elon Musk speaks about new Autopilot features during a Tesla event in Palo Alto, California October 14, 2015. REUTERS/Beck Diefenbach/File Photo
SAN FRANCISCO (Reuters) -Tesla expects to produce lithium for about 1 million electric vehicles at its upcoming lithium refinery factory in Texas, CEO Elon Musk said on Monday.
Tesla (NASDAQ:) broke ground on the lithium refining facility, as it looks to secure supply of the key component used in batteries and meet its ambitious sales target for electric vehicles.
Musk said Tesla aims to finish construction of the factory next year and then reach full production about a year later.
