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Elon Musk Could Be in Chile to Ensure Steady Lithium Supply...

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    04/01/18
    00:54
    Post #: 30025871
    Elon Musk Could Be in Chile to Ensure Steady Lithium Supply

    Tesla Inc. (TSLA) CEO  Elon Musk reportedly traveled to Chile during the holiday season, sparking speculation that the electric car maker is keen to tap the South American country’s vast lithium reserves.

    Shortly after Chilean media broke the news of Musk’s visit, local businessmen and politicians took to social media to voice their excitement at his arrival. José Piñera, a Chilean economist who previously served as minister of labor, social security and mining, sent a note to Musk on Twitter welcoming him to the “Saudi Arabia of lithium.” Local politician José Miguel Castro also published a similar tweet, inviting Tesla’s CEO to visit “the biggest lithium resources in the world.”



    Read more: Elon Musk Could Be in Chile to Ensure Steady Lithium Supply | Investopedia https://www.investopedia.com/news/e...e-ensure-steady-lithium-supply/#ixzz5385ZWPFy
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    SEI Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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