(Reuters) – Tesla (NASDAQ) Inc would consider buying a mining firm if it could produce its own electric vehicle metals, Elon Musk announced on Tuesday.

Musk said that “it’s possible,” at the FT Future of the Car 2022 conference. We’ll address any constraints that might hinder our ability to accelerate the transition to renewable energy. We don’t want to purchase mining companies. But if it’s necessary to speed up the transition, we’ll do so.