Tesla In Talks to Buy Lithium From Warren Buffett’s Geothermal Wells in California

[Brian W + 78]

Warren Buffett’s Berkshire Hathaway Energy is looking to potentially extract large amounts of lithium from its Salton Sea geothermal plants and Tesla is reportedly in talks to be a customer. Berkshire has denied that any agreement is in place but left open the possibility that talks could be underway. 

Tesla tried and failed to buy a lithium startup in the Salton Sea for $325 million back in 2014 because they couldn’t agree on a price. Maybe this time could be different with  Tesla being in a completely different position than it was back in 2014 and the deep pockets of Buffett’s Berkshire Hathaway also being involved.

[CMOP + 227]

@Brian W oh wow - this could be huge for Tesla. We'll see if the deals take place and they come to an agreement. With Giga China turning on very soon - production is going to pick up quite a bit.