We are all gonna be here, no one is selling.
I say spodumene prices to hit as low as $1800 a tonne and swing between $1800-$2400 or slightly higher.
Affordable EV's = reduced profit margins for car manufacturers or they have to lower price of manufacturing and that will directly affect the price of raw materials or at which they buy/bid for.
It cannot be that difficult to understand.
There is a full scale affordable EV price war coming soon.
So, what about the peeps who have bought EV's at a premium? Hmmmm....can Elon be trusted?
And definitely China cannot be trusted.
we need a b more transparent battery materials exchange somewhere in US where bidding by buyers is more transparent and there are some ground rules.
i guess that will happen too.
where does PLL fit in this equation? I suppose nowhere, hence I call it a sitting duck. Coming weeks, months should be interesting as to when LG will make a move to buy out PLL.
PLL has $180 + million of grant money still available which won't be used for anything, I suppose.
That Tennessee plant is never coming online...hahahaLet's see if to what degree I will be wrong or right...
Man, just thinking of peeps who have bought Tesla's at a premium on credit or loans....damn ELON
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