Elon Musk explains Tesla's domestic battery strategy
Briefly

Elon Musk outlined Tesla's commitment to localizing its battery production, aiming to minimize dependence on Chinese materials. As geopolitical tensions rise, Tesla's strategy is to manufacture essential battery components in the U.S., promising potential economic benefits and job creation. Analyst Alexander Potter noted Tesla's uniqueness in striving to source batteries at scale without relying on China. Musk emphasized the importance of this strategy amid risks linked to foreign dependencies, signaling Tesla's longer-term goals of manufacturing its own components completely.
"Eventually, Tesla will be making its own cathode active materials, refining its own lithium, building its own anodes, coating its own electrodes, assembling its own cells, and selling its own cars; No other US company can make similar claims."
"It is important, albeit extremely hard work, to localize supply chains to mitigate geopolitical risk" - Elon Musk
Read at TESLARATI
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