Elon Musk’s EV manufacturer is seeking about $16.2 million in tax breaks from the...
A worker controls the band filter press where the lithium carbonate process ends and is ready to be stored at the Llipi pilot plant in the Uyuni Salt Flats in Bolivia. The Bolivian government is working on strategic partnerships with foreign firms to boost the extraction of the so-called “white gold” key to producing batteries and electric vehicles.is a step closer to building a proposed $375 million lithium refinery in South Texas to support production of its electric vehicles.
Austin-based Tesla is seeking about $16.2 million in tax breaks over 10 years from the Robstown Independent School District to build the facility there, according to anREAD MORECreation of a reinvestment zone allows Robstown ISD to enter an agreement with the automaker. Amid a global shortage of the batteries needed for EV production, Musk has been pushing for development of lithium mining in North America. In July, he put out a call to entrepreneurs to enter the business. “You can’t lose, it’s a license to print money,” he said.
“Tesla will process raw ore material into a usable state for battery production,” it said. “The final product, battery-grade lithium hydroxide, will be packaged and shipped by truck and rail to various Tesla battery manufacturing sites supporting the necessary supply chain for large-scale and electric vehicle batteries.”A breakdown of key state and local races and candidates in the May 24 primary runoff.
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