Tesla Motors, Inc. 2013 annual shareholder meeting: youtu.be/n3AcKTmaoE8 last years AGM
One thing is for sure.... the amount of Lithium Tesla requires is a large proportion of the World's Supply....
MoneyNews.com talking of inevitable Stock Crash in days.... hype or some truth?
The lithium boom is coming: The new bubble? By Steve James - Analysis NEW YORKÂ |Â Mon May 25, 2009 98am EDT EmailFacebookTwitter By Steve James - Analysis NEW YORK (Reuters) - New vehicle emission standards will likely be a boon for everything from aluminum to new plastics, but the producers of lithium -- a mineral used in batteries that power new generation vehicles -- could be the big winners. But while the few public companies that mine lithium will likely see surging revenue, they will also face the pressure that comes with all booms -- making supply meet ever-tightening availability. Companies that mine lithium should see a long-term boost to their business, analysts said, although there are questions about whether there is enough lithium for all customers. And some energy experts see the irony in lithium batteries replacing carbon-burning gasoline, since they believe exploiting lithium could be just as destructive to the environment as pollution. Lithium is generally mined from rock, but it can also be found in deposits in brine ponds. It comes mostly from one region -- the Andes mountains of Chile, Argentina and Bolivia, with some deposits in China. Chile's SQM is the world's largest producer, along with U.S. specialty chemical companies Rockwood Holdings Inc and FMC Corp.
30 May 15:56 0.86 176,565 Sell..... this is my buy
Latest from the Community...
Latest from the Community...
Latest from the Community...