TESLA TO SPEND $1 BILLION A YEAR ON BATTERY MINERALS PURCHASE FROM ASUTRALIA

Highlights:

• Tesla is expecting to buy battery raw materials from Australia worth over 1 billion dollars a year
• Robyn Denholm said, Tesla is already sourcing three quarters of the lithium feedstock from Australia

The carmaker Tesla said that, it has been expecting to spend more than 1-billion dollars a year on the purchase of the battery raw materials from Australia given reli....