So good to see these updated stats on EV sales.
(Not to mention the strength in the Battery Energy Storage market which is going gang busters - a google search on Tesla y.o.y sales seems to verify this.)
Anatol has been onto this throughout the year- y.o.y EV sales - this what is relevant as it obviously equates to the requirement of Lithium - more EV’s sold = more Lithium required.
The likes of Toyota, VW, Ford, GM and others are really battling and it appears their negative correspondence is almost an admission the game is over.( would hate to think the timing of the negative comments would just coincidentally align with investment bank analyst comments)
Meanwhile Tesla, BYD and others are flying.
I am not sure of the math - however the Lithium required in the Cybertruck Battery Pack (200,000 per year initially) is going to increase demand for Lithium a little me thinks.
Stay Strong LTH’s
Not financial advice
GLTAH
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