Elon Musk's new business In his Twitter, he wrote that the pr | Elon Musk Hub
Elon Musk's new business
In his Twitter, he wrote that the price of lithium has reached insane levels. Therefore, Tesla may have to engage in its mining and processing.
There is no shortage of the element itself, as there is lithium almost everywhere on Earth, but the pace of its mining and processing, according to Musk, is rather slow.
Here's how the price per ton of lithium has changed over the past five years: -2018: $14,660 -2020: $6,800 -2022: $78,032
