#Forbes – #Tesla Powers Up; #Lithium And Other Battery Metals Will Follow
Where Tesla goes, lithium will follow.
It’s obviously not as simple as that but there is an inevitability in demand for the metals used to make electric-powered vehicles following the success of EVs.
Interestingly, the connection between Tesla’s recent rocket-run on the stock market has not been replicated in the battery-metals sector, yet.
But as Tesla continues to prove that investors and car buyers are ready to embrace the shift from fossil fuels to electric power the current glut of metals such as lithium, cobalt, nickel and graphite, will fade.
Read more at: https://www.forbes.com/sites/timtreadgold/2020/07/06/tesla-powers-up-lithium-and-other-battery-metals-will-follow/#2e54aaa82d58