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Episode 63: Tesla’s Lithium Refinery “A License to Print Money,” and Is Livent (LTHM) Stock Out Of Juice?
In this video, we will discuss Tesla's recent move into lithium refining and what it means for the company, and the electric vehicle industry as a whole. Tesla is investing in lithium refining with the new facility being built in Texas, in order to reduce its reliance on external suppliers and lower the cost of its electric vehicles. This is a smart move, as lithium is a key component of EV batteries and a significant cost of the electric vehicle. Tesla's move into lithium refining could put pressure on its competitors, who will need to find ways to reduce their own costs in order to compete…
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