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What will be Tesla's next major milestone at Corpus Christi refinery by end of 2025?
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Resolution / Starting Odds
Expansion of capacity • 25%
Partnership with another company • 25%
Significant technological upgrade • 25%
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Tesla's press releases or major news outlet coverage
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Tesla Achieves Milestone with Spodumene Concentrate at First Large-Scale U.S. Lithium Refinery in Corpus Christi
Dec 15, 2024, 08:38 PM
Tesla has achieved a significant milestone by feeding raw material through the kiln of its Lithium Refinery for the first time this week. Located near Corpus Christi, Texas, this facility is the first large-scale refinery for battery-grade lithium in the United States. The initiative is seen as a critical step towards increasing domestic lithium refining capacity, which is essential for a sustainable energy economy. The raw material used in this initial run was spodumene concentrate. Tesla emphasized the importance of enhancing lithium refining capabilities to reduce reliance on foreign sources, particularly China's dominance in the lithium market.
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New all-time high market cap • 25%
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