If LPD was to succeed the biggest beneficiary would be Galaxy yet it is one the most shorted stock.
Tesla has been one of the best performing stocks of the decade on Wall Street yet the company is facing a constant onslaught of short sellers, bad press, SEC and now even the President of the US. Trillions is at stake due to success of Tesla. Elon Musk has become enemy number one for daring to change the status quo. As of this writing the SEC is looking for his dirty laundry to throw him out of the company, bankrupt Tesla and bring the EV revolution to its knees.
Investors holding lithium miners, converters, battery makers or EV makers should all understand what they are up against. From Oil Sheikdoms to oil industry comprising of oil majors to drillers, refiners, storage, pipeline, marketing companies and everything else I missed employ hundred of millions of people. Their reach is phenomenal and resources limitless. They won't give up without a fight. Last year was just a glimpse there is a lot more to come.
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