Lithium stocks are at bottom of current cycle, page-3

Could this be the trigger for Lithium stocks?

What happened

Investors might be aware that shares of Tesla (NASDAQ:TSLA) have been soaring lately, having more than doubled since the beginning of 2020. While some of that has been fueled by short sellers getting squeezed and very optimistic analyst opinions, healthy operating results are certainly playing a role, too.That operational strength extends to the automaker's battery manufacturing business. In fact, Panasonic noted that the battery joint venture with Tesla generated its first-ever quarterly profit in the fourth quarter of 2019. That was interpreted as a signal that other massive battery factories in development around the globe could become profitable, too. That was all it took to send shares of major lithium stocks soaring today.