Spodumene Price, page-12

All ducks lined up! Lithium demand predicted to grow min. 10 X till 2030... all major car manufacturers are switching to EV and like VW will try to take the lead from Tesla ... and the battery storage will grow exponentially too...
The latest comment re Tesla and EV demand growth:

"Wedbush analyst Dan Ives said the first-quarter totals put Tesla on pace to exceed 850,000 deliveries for the year, a figure that would top last year's record of 499,500 by more than 70%. He lifted his price target on the stock to $1,000 a share, with a "bull case" level of $1,300, citing what he calls a "green tidal wave" thesis for the electric-vehicle space.

"In our opinion the first quarter delivery numbers released on Friday was a paradigm changer and shows that the pent-up demand globally for Tesla's Model 3/Y is hitting its next stage of growth as part of a global green tidal wave underway," Ives said.

"With a green tidal wave kicked off by Biden last week in the US, and global EV demand skyrocketing going after a $5 trillion (total addressable market) over the next decade, we believe these delivery numbers are a paradigm and sentiment shifter for the space going forward."

Tesla shares were marked 8% higher in premarket trading Monday to indicate an opening bell price of $714.60 each, a move that will take the stock back into positive territory for the year.

"We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity," Tesla said in a statement alongside the production numbers. "The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production."

Tesla sold 18,318 of its China-made cars in February, the China Passenger Car Association (CPCA) reported on March 8, up from 3,900 over the same period last year. Tesla's China sales were around a fifth of its overall total in 2020 - when it delivered a record 499,550 vehicles - up from just 12% in 2019..."