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Tesla tried and failed to buy a lithium startup for $325 million

Discussion in 'News from Electrek.co' started by RSSFeed, Jun 9, 2016.

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    In a lengthy report published yesterday, the Desert Sun described the demise of a young lithium extraction startup and how Tesla tried and failed to buy it for $325 million in TSLA stock back in 2014. It offers an interesting look at Tesla’s acquisition process, something rare for the automaker. The company only made one acquisition: a tool and die company in Michigan.

    The article is a long read, but a very interesting one if you have the time. Here’s a much shorter version if you just want the main takeaway points.

    more…

    Filed under: Batteries, Cars, Tesla Tagged: Elon Musk, Lithium, simbol, Tesla, tesla lithium [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG][​IMG]

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