Huge Lithium Find in the U.S.
A massive lithium deposit, potentially the largest in the world, has been discovered in the McDermitt Caldera, straddling Oregon and Nevada. Geologists estimate it may hold 20–40 million metric tonnes of lithium—enough to build up to 600 million electric vehicles.
Why It Matters for Musk
Lithium is crucial for producing lithium-ion batteries, which power smartphones, laptops, and most importantly—electric vehicles. With Elon Musk at the helm of Tesla, a leading EV and clean energy company, this discovery could hugely benefit him.
Tesla’s Strategic Position
Tesla already owns a lithium refinery in Texas. If the company taps into this domestic supply, it would reduce reliance on foreign imports—especially valuable amid global tariffs and supply chain issues.
Musk’s Stake and Future
Elon Musk, who owns 12.8% of Tesla, stands to profit significantly. “It’s not a money thing,” he said at the Qatar Economic Forum, claiming he just wants “reasonable control” of Tesla’s future.
Conclusion
The discovery strengthens Tesla’s U.S. battery supply—and Musk’s grip on the EV future.
