Aussuper just became a major shareholder. The thinking seems to be that Li demand is growing by 15% p.a. and never mind about price ructions. I assume this mob are in the permabull camp, because if the globally economy goes down the toilet, then no one will have money to pursue the EV thematic. That will be a pie in the sky scenario to be taken up at a later date maybe in the 30s?
As it is, Tesla has dented EV adoption with stories of mechanial failures and uneconomical repairs, and uneconomical battery replacement. Why would you bother?
You can catch up here, The PLS BTDers are at it today...
Huh? Are you having a Yoda moment? Me too.
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