Hi,
A standard Tesla car requires 7kg of Lithium. This is at current prices US$300 per car. I believe the current average sale price of a Tesla is about US$50,000+.
Don't think a doubling of the Lithium price makes much of a dent into EV sales.
Tesla just increased prices for their cars by US$9000 because they can't keep up with demand. Profit margins at Tesla are 30%+.
I believe Lithium prices will continue their trend in 2022. Don't think their is any car battery that doesn't use Lithium.
So a doubling of Lithium prices from current levels is not a stretch during 2022 in my opinion.
Happy 2022.
K
EFE 2022 General Discussion, page-12
-
- There are more pages in this discussion • 1,161 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EFE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.346M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 49193108 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2966465 | 7 |
View Market Depth
| Last trade - 11.54am 12/11/2024 (20 minute delay) ? |
| EFE (ASX) Chart |
Day chart unavailable