CXO 6.59% 9.7¢ core lithium ltd

Banter and general comments, page-9895

  1. 10,649 Posts.
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    Most comments are focussing in Musk and getting him on board etc. I think his statement has much bigger implications. He is the one that opens gates through which others follow. So the momentum of Autos to invest in mines has stepped up a significantly. This should be bullish for all serious Lit's stocks. While Tesla sells many EV's the number is small. About 80 million new cars are sold each year in the world. A very large percentage of this 50%+ will become EV's over the next decade or so. Therefore if 40 million cars are EV's, 40X what Tesla does now, I say don't worry too much about Musk, and focus on the other Auto's . They all have fat cheque books. AIMO
 
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