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Will Tesla Acquire these Three Junior Lithium Mining stocks!??
What’s up guys, Ben here and welcome to motivation 2 invest!
Tesla is a stock which has defied critics and continues to go to the Moon!
But to reach their goal of over 10 million cars per year & become bigger than Toyota they will need a hell of a lot of BATTERIES!!
Elon Musk also plans to Manufacture a 1 million-mile battery which is integral to Musk’s plans for fleets of ‘robotaxis’ and long-haul trucks, both of which would strain the ranges and lifetimes of the current Li-Ion batteries found in Tesla’s passenger vehicles.
Tesla’s best performing models have a maximum single-charge battery range of 370 miles – just short of the distance between Baltimore, MD and Boston, MA. – and a lifespan of 300,000 – 500,000 miles. This is impressive, given that the average lifespan of a car in the US is 150,000 miles, or roughly 11 years using the AAA annual average of 13,500 miles per year.
And It’s not just the car business,
Tesla’s Gigafactory’s has an Instantiable thirst for Batteries Materials for it’s Energy Storage systems such as the Tesla Powerwall & Grid Energy Systems.
SO WHAT ARE THESE BATTERIES MADE FROM?
Well, the composition is that of Lithium Nickel Cobalt Aluminum Oxide
In the Majority of EV batteries,
Nickel Is the most commonly used followed by LITHIUM in terms of Cost (Not Quantity). They have plans to phase out COBALT, using a process called “Cobalt thrifting” to reduce cost & increase range.
Elon Musk has Made many recent comments telling Miners to Mine Moe of these raw materials!
I recently did a Video on the BEST NICKEL MINING STOCKS & My TOP LARGE CAP LITHIUM MINING STOCKS TO TAKE ADVANTAGE OF THE EV BOOM!
BUT IN THIS VIDEO, I’m going to Reveal my top 3 Junior Lithium Mining Stocks which Tesla Could potentially Acquire! Which would mean huge upside for investors maybe even 10x!
So without further aideu LETS DIVE IN!
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Lithium Americas Corp
Kicking things off at Number 3 is Lithium Americas Corp. Ticker symbol LAC on the NYSE.
This is Toronto Based Lithium Mining Company with Lithium Mining projects in USA & Argentina.
DIVING INTO INVESTOR RELATIONS
SHARE PRICE>
NUMBERS!
https://www.fool.com/investing/2020/08/17/why-lithium-americas-stock-keeps-going-up/
https://www.lithiumamericas.com/investors/
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Piedmont (PLL).
Coming in at number 2, is Piedmont Ticker Symbol PLL An emerging lithium company focused on the development of its 100%-owned Piedmont Lithium Project in North Carolina. Which would be just over a days drive to the planned Texas Gigafactory. (1,300 miles)
DIVING INTO THE INVESTOR RELATIONS
https://www.piedmontlithium.com/
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BACANORA LITHIUM
Bacanora Lithium Ticker symbol BCN listed on the London AIM Stock Exchange.
The Company is achieving this through its investments in two key projects, the Sonora and Zinnwald Lithium Projects in Mexico and Germany respectively.
Tesla Gigafactory in Sparks, Nevada is located a days drive, just over 1000 miles from the Sonora site in Mexico.
Diving into the investor relations.
https://www.bacanoralithium.com/
Another company, which has the biggest lithium deposit in Sonara, is Bacanora Lithium, which is Aim listed.
Huge backing from Ganfeng Lithium, and offtake agreements already in place. Production starting in 2023. Probably the best junior lithium stock right now.
FINAL THOUGHTS:
Overall, It’s clear that the world is going electric and with companies like Tesla promising to take over the world with 10 million cars promised.
They will need a hell of a lot of batteries, which will of course need the Raw Materials!
These Lithium Mining stocks which I outlining in this video, are good targets for an acquisition or major Partnership with TESLA…which could mean a massive upside for investors.
But remember this is NOT FINANCIAL ADVICE, Investing in Junior Mining stocks can be extremely risky so don’t invest any money which you can’t afford to lose.
WHAT ARE YOUR THOUGHTS ON THE JUNIORS LITHIUM STOCKS I mentioned in this video, Which do you think is most likely to partner with TESLA
