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There's already several cash flow positive companies doing lithium ion battery recycling. You need to keep in mind though, that recycling, at this point, recycl
by mlindner 4y ago
There's already several cash flow positive companies doing lithium ion battery recycling. You need to keep in mind though, that recycling, at this point, recycles mainly batteries from smaller products, hybrids or very very early EVs (or EVs that were totaled). There are almost zero EVs that are at end of life at this point. Tesla doesn't need to be getting into battery recycling if there's already companies doing it and are competing for that revenue source. I believe Tesla already works with such battery recycling companies who buy up Tesla's old batteries. It's not Tesla doing it, which is why they don't make big mention of it.