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Wednesday, December 9, 2020
👀 If you witnessed TSLA's historic run-up, you need to read this right now
When Tesla Worries That Its Lithium Supply Chain Is Drying Up, It's Time To Look At Lithium Stocks.
EDITOR'S NOTE: When Tesla Worries That Its Lithium Supply Chain Is Drying Up, It's Time To Look At Lithium Stocks. Check this one out.
Even in a pandemic investors are not abandoning Tesla. Since April 2019, its share price is up 104% despite the historic market crash.
That because Tesla's CEO, Elon Musk, is a visionary who is focused more on giant lithium-ion batteries that store energy. There is only one thing that can trip him up... a crippled lithium supply chain.
So, the urgency for Tesla today is to find a private source so as not repeat last year's problems.
That's when reports said that Tesla dramatically slowed down battery production due to a significant lithium supply chain problem.
Now, as he admits there's a huge world of competition, Musk wants to secure his supply chain by buying his own lithium mine.
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