Report: Tesla weighs potential lithium refinery in Texas

AUSTIN (KXAN/CNBC) — Electric automaker Tesla is weighing another opportunity in Texas — a lithium hydroxide refining facility, according to a report from CNBC. Lithium is a metal used in electric vehicle batteries.
CNBC cites a letter from the company to the Texas Comptroller’s Office, where Tesla said the facility would produce "battery-grade lithium hydroxide." Tesla said it wants to refine lithium hydroxide, so it's ready for Tesla battery manufacturing factories.How a shor