Jeff Bezos could rival Elon Musk in fight for control of
Jeff Bezos and Elon Musk are competing to control a massive \$1.5 trillion lithium deposit in the United States, which is vital for modern tech and electric vehicles. Located in the McDermitt Caldera, this lithium discovery could significantly lower Tesla’s production costs, as lithium is a key component of electric car batteries. Musk currently relies on overseas sources, but controlling this high-concentration lithium reserve (2.4% compared to the global average of 0.4%) would ensure domestic supply for millions of new EVs.
Meanwhile, Jeff Bezos has a vested interest in this discovery due to Amazon’s major investment in Rivian, a key Tesla competitor, and his support for startups like Slate. As Trump-era tariffs make foreign lithium expensive, securing this domestic source would strengthen their businesses and cut costs. For both billionaires, controlling the deposit means financial gain and a strategic edge in the booming EV and tech industries.