Elon Musk Explores Investment Opportunities in Argentina

Elon Musk, the CEO of Tesla and SpaceX, announced that his companies are seeking investment opportunities in Argentina, the world's fourth-largest producer of lithium, crucial for electric vehicle batteries.

Elon Musk, the CEO of Tesla and SpaceX, made an announcement via an X post on Tuesday indicating that his companies are actively seeking investment avenues in Argentina.

Known for its significant lithium reserves, Argentina stands as the fourth-largest producer in the world, making it a strategic location for electric vehicle battery production.

Musk's interest in Argentina highlights the increasing importance of securing lithium resources to support the growing demand for electric vehicles globally.

(With inputs from agencies.)