Elon Musk and 'Mr. Lithium' are both right about the issues surrounding lithium's supply and demand. Lithium prices are rising to i
Mr. Lithium pointed out that the gap between the growth of lithium supply and demand has gotten quite large, and will continue to get larger.
Price of lithium has gone to insane levels! Tesla might actually have to get into the mining & refining directly at scale, unless costs improve. He also emphasized that there isn’t a shortage of lithium ore in the world but that the ore needs to be extracted and refined —essentially the same thing Lowrey pointed out.
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