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Racy sales of TM3 to drive lithium

At the risk of helping Elon Musk sell more Tesla 3 electric cars – though not directly lithium-mining stocks; they are doing fine by themselves, thanks – it’s worth noting pre-sales of the TM3 are reportedly pushing 300,000 only days after opening. That’s causing some to think again about the adequacy of projected lithium supplies for lithium-ion batteries in cars (and bikes, of course) of the future.

Racy sales of TM3 to drive lithium

“Already, the uptake of lithium-ion batteries for use in consumer products has created a surge in demand, but their use in EVs [electric vehicles], by comparison, is small,” one big investment bank said...

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