Tesla could help make lithium ion batteries for ventilators to help fight COVID-19, says ResMed CEO Mick Farrell

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Tesla could help make lithium ion batteries for ventilators to help fight COVID-19, says ResMed CEO Mick Farrell
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Tesla could help make batteries for ventilators to help fight COVID-19, says ResMed CEO

ResMed CEO Mick Farrell said Wednesday that his company has been ramping up production of ventilators for the last 90 days, trying to meet surging global demand as countries battle the COVID-19 pandemic.

To help address a shortfall amid the global emergency, ResMed is seeking production help with some of the 500 components which go into its more sophisticated ventilators. The company is fielding offers for assistance from some of the world's largest automotive, aerospace and defense companies, including Tesla, Farrell said on CNBC's "Mad Money".

could use Tesla's help with lithium ion batteries, but didn't say if the companies had discussed plans to collaborate on those.and SpaceX CEO for buying and distributing lower-end ResMed BiPAP machines, which the company markets as "non-invasive ventilators," to hospitals in New York that wanted them:"He went up and bought what I would call bi-level, non-invasive ventilators from a platform of ours from 5 years ago, from Asia, and brought 1,000 of them over to New York...

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