Calling Tesla just “one” company is an epic understatement. They are the Vanguard OF the EV industry. Setting the pace for how lithium is sourced, processed and utilised.
Tesla Sales 1.2% down annually - the first decline in 10 years (when only two months ago they gave forward guidance of hitting those same sales targets…).
Not only not up, not flat - but down.
Calling Tesla “one” company is like calling the Sun just “another” Star.
The reason lithium prices are in the toilet is because EV demand forecasts were originally (still are) hugely overstated leading to large surpluses and the low demand, low pricing environment.
Cheers
DYOR IMO
LTR Price at posting:
57.0¢ Sentiment: Sell Disclosure: Not Held
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