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A stunning investment will be made by Elon Musk and Jeff Bezos

2024-12-01 14:15:37Kosova&Bota SHKRUAR NGA REDAKSIA VOX
A stunning investment will be made by Elon Musk and Jeff Bezos
Elon Musk and Jeff Bezos

Jeff Bezos and Elon Musk, two of the world's richest men, could benefit greatly from a recent discovery in California.

With a combined fortune of around $549 billion, they're far from cash-strapped, but a recent study has revealed an incredible source of lithium, known as "white gold," that could help them further increase their wealth.

At the bottom of the Salton Sea in California, an amount of lithium that can be estimated at 540 billion dollars has been discovered. This lithium could be used to make batteries for over 382 million electric vehicles, more than the total number of electric cars currently on the road in the United States. Sammy Roth told the Los Angeles Times that:

If we can extract all that lithium, it would be a tremendous opportunity.

For Elon Musk and Jeff Bezos, this discovery is important because they are involved in the electric car industry. Musk founded Tesla in 2003, while Bezos is a major investor in Rivian. Both companies produce electric vehicles, and to support this production, large quantities of lithium, a material used to make batteries, are needed.

Currently, Tesla gets most of its lithium from China, while Rivian has struck a deal with South Korea's LG Energy Solution. Now, with this rich source of lithium in California, the two companies can supply lithium more cheaply and efficiently, saving big money and increasing production.

This discovery of lithium could help Musk and Bezos, not only to reduce costs, but also to influence the global industry of electric cars and renewable energy.


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