...with EVs piling up in US & EU, it won't be long that production cuts would need to be made, at which point demand for lithium would be more greatly impacted.
Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024. Where are all these cars going? Parking lots at its factories, malls and airports. - Jalopnik
https://x.com/Mayhem4Markets/status/1793229585636536459
...with EVs piling up in US & EU, it won't be long that...
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