HomeNewsBusinessElon Musk criticises Apple during Tesla earnings call

Elon Musk criticises Apple during Tesla earnings call

Elon Musk referred to Apple when stating that Tesla does not intend to create a "walled garden" to quash competition.

July 27, 2021 / 09:06 IST
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Elon Musk denied that Tesla uses a large amount of cobalt in the production of lithium-ion cells, which are used in electric vehicles. (Illustration: Moneycontrol)
Elon Musk denied that Tesla uses a large amount of cobalt in the production of lithium-ion cells, which are used in electric vehicles. (Illustration: Moneycontrol)

Billionaire Elon Musk, on July 26, criticised technology giant Apple in remarks made during a conference call about Tesla's second quarter results.

Musk denied that Tesla uses a large amount of cobalt in the production of lithium-ion cells, which are used in electric vehicles.

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"Apple uses I think almost 100 percent cobalt in their batteries and cell phones and laptops, but Tesla uses no cobalt in the iron-phosphate packs, and almost none in the nickel-based chemistries," Musk said, as quoted by CNBC.

Also read: Tesla posts record profits; delays Semi truck launch to 2022