Your thinking is good and all is possible. But what many don’t calculate in with talking and thinking of LIT is what else it be used for in coming years and decades. EVs will be a small component of the overall demand IMO. Fixed energy storage will be huge. Europe is already making too much green energy and are putting large batteries in place. I am very much long and this is only a blip imo. I see spod settling in a couple of years close to $2k as the market is maturing and less influenced by China.
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