An industry now tied closely to federal sustainability incentives, EV-specific insurance plans, and climate-conscious investing.
And who happens to be the CEO of a car and clean energy company? Why, Musk—with Tesla, of course.
Domestic Lithium Supply: A Win for Tesla and U.S. Manufacturing
The McDermitt Caldera may potentially have enough lithium to create up to 600 million electric vehicles. And given it was found in the U.S.,
It’s good news for American EV manufacturers—particularly amid Trump’s tariffs and growing concerns over foreign mineral dependency.
Rather than relying on lithium imports, the McDermitt Caldera could allow Tesla to be supplied from within the U.S. This is especially significant as Tesla now operates its own in-house lithium.
Refinery in Texas—a move that improves vertical integration while reducing exposure to import/export tariffs, materials liability, and commodity price fluctuations.
