Tesla acquires $LTUM Lithium corporation UPDATE: FAKE NEWS

[TruckElectric]

Tesla $TSLA Acquired $LTUM Lithium Corporation, A Lithium mining company based in Nevada
Tesla confirmed that it acquired Nevada-based litium mining company $LTUM Lithium Corporation. Elon Musk announced that Tesla “might have to get into the mining and refining” of lithium due to recent price...
Tuesday, April 12th 2022, 2:31 PM CDT
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Tesla confirmed that it acquired Nevada-based litium mining company $LTUM Lithium Corporation.
Elon Musk announced that Tesla “might have to get into the mining and refining” of lithium due to recent price increases to “insane levels”, he previously announced two years ago that Tesla would get into the lithium mining business. At Tesla’s Battery Day event, the automaker announced that it is getting into the mining business – starting with buying lithium claims on 10,000 acres in Nevada.
Musk has claimed that the process would be environmentally-friendly and economical.

Tesla’s needs for lithium supply are increasing fast as the company is expanding production with the new factories, like Gigafactory Texas and Berlin.

Over the last few weeks, Tesla has been rumored to have acquired $LTUM Lithium Corporation, a lithium mining company based out of Nevada.

The rumors started after a few of the company’s employees were hired by Tesla and the automaker started listing jobs in Nevada, where it previously didn’t have R&D operations.
https://southeast.newschannelnebras...tion-a-lithium-mining-company-based-in-nevada

 

[TruckElectric]

Original tweet is gone now for some reason, captured a photo....

On April 8 2022 Elon tweeted that Tesla might have to actually get into the mining & refining directly..... It pays to carefully listen to what Elon says! Obviously this deal has been in the works for some time.

 

[TruckElectric]

Verticle integration! Semiconductor Chip Fab next!?!

 

[GnarlyDudeLive]

Verticle integration! Semiconductor Chip Fab next!?!

This is what I would like to see occur. I have no issues with Tesla still using AMD for the foreseeable future, its all the sensor IC's and such that not only could be self built but improved as well specific to Tesla needs. Eventually I could see them even doing the CPU/GPU/ASIC as well as they dive deeper down the AI rabbit hole.

 

[TruckElectric]

I have no issues with Tesla still using AMD for the foreseeable future

Last I recall Tesla is using Samsung chips.

 

[TruckElectric]

Love how Elon and Tesla can move the finance world.......

As Tesla Ponders Mining Business, Get Lithium Exposure With This ETF

https://www.nasdaq.com/articles/as-tesla-ponders-mining-business-get-lithium-exposure-with-this-etf

 

[TruckElectric]

When Sawyer Merrit pulled his tweet I should've known something was up.......my apologies.

Will work better to check info/sources.

 

[Klaxon]

Elon may have to pay more attention to Ukraine"s lithium deposits, the largest in Europe

https://atalayar.com/en/content/ukrainian-lithium-another-cause-russian-invasion

 

[Crissa]

Probably a bot pump-and-dump scheme about a small lithium wannabe.

-Crissa

 

[GnarlyDudeLive]

Last I recall Tesla is using Samsung chips.

As I understand it: [Edited for correctness]

• FSD HW2.0 - NVIDIA (past)
• FSD HW3.0/4.0 - Samsung (current/future)
• Infotainment - AMD (current)
• Who knows how many other vendors for all the various sensors.

 

[TruckElectric]

As I understand it:

• FSD HW3.0 - TSMC (current)

"At a high level, the chip is a full system-on-a-chip capable of booting a standard operating system. It is manufactured on Samsung's 14-nanometer process at their Austin, Texas fab, packing roughly six billion transistors on a 260 millimeter squared silicon die."
https://en.wikichip.org/wiki/tesla_(car_company)/fsd_chip

"The processor is being fabricated by Samsung"
https://cleantechnica.com/2019/06/1...computer-its-a-beast-cleantechnica-deep-dive/

"The Tesla Full Self-Driving Chip is manufactured by Samsung for Tesla in the US. It’s a 14-nanometer FinFET CMOS processor that measures 260 millimeters squared and has over 6 billion transistors. They use LPDDR4 RAM that boasts a peak bandwidth of 68 GB/s."
https://www.autopilotreview.com/tesla-custom-ai-chips-hardware-3/

 

[GnarlyDudeLive]

"At a high level, the chip is a full system-on-a-chip capable of booting a standard operating system. It is manufactured on Samsung's 14-nanometer process at their Austin, Texas fab, packing roughly six billion transistors on a 260 millimeter squared silicon die."
https://en.wikichip.org/wiki/tesla_(car_company)/fsd_chip

"The processor is being fabricated by Samsung"
https://cleantechnica.com/2019/06/1...computer-its-a-beast-cleantechnica-deep-dive/

"The Tesla Full Self-Driving Chip is manufactured by Samsung for Tesla in the US. It’s a 14-nanometer FinFET CMOS processor that measures 260 millimeters squared and has over 6 billion transistors. They use LPDDR4 RAM that boasts a peak bandwidth of 68 GB/s."
https://www.autopilotreview.com/tesla-custom-ai-chips-hardware-3/

I stand corrected.