60c in 60 days, page-106

Yes for sure.

Lithium has a minimum 10 year supply/demand deficit from here.

Most big name manufacturers have set rock solid EV production targets for 2030.

50% in some cases, whilst some countries have a much greater adoption % target.

These targets will not be met with the current forecast supply/demand disequilibrium through to 2030.

As Elon has stated many times it’s about building the machine that builds the machine and volume production is hard.

Most of these manufacturers that have production targets will only have the capabilities for volume production around the time they reach their target.

Aside from Australia (lackluster and effortless yet again) most countries are investing 100’s of millions if not billions into “speeding” up the adoption/transition.

2030 we will see supply at far greater levels than today, but i believe it’s not until this time we will see the true demand for lithium as most manufacturers will be at the start of volume production.

Also, yes battery tech will improve, it has to for economic purposes.
Anode/cathode chemistry will change ie. Less carbon more silicon etc. but one thing is certain, lithium will be the primary component for decades…