Some call lithium “white gold,” but in fact, lately the light metal has been beating gold in appreciation, becoming the hottest metal of 2016 for commodities traders. Although lithium’s price rise has slowed in recent months, the fundamentals suggest strong potential for long-term growth, according to James Stafford of Oilprice.com. “There is no doubt as… Read more »
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How the Tesla Model 3 could trigger the collapse of the traditional auto industry
Clean tech consultant Julian Cox made some interesting points about the coming disruption of the auto industry in a presentation at CleanTechnica’s recent Cleantech Revolution Tour in Berlin. Cox begins his talk with a recap of some past technological disruptions, which he says have usually played out within 20-30 years (good news for us older… Read more »
Elon Musk debunks scare stories about a shortage of lithium
Elon Musk and JB Straubel covered a lot of ground in a nearly-three-hour performance at Tesla’s 2016 annual shareholder meeting. They recapped the history of the company, explained why Supercharging will not be free for Model 3 buyers, and discussed their plans to remake the auto production process. They also made some very interesting remarks… Read more »
Companies scramble to secure lithium supplies as “white petroleum” prices soar
The hottest commodity on the planet right now is not oil or coffee but lithium, according to a recent article on OilPrice.com. The ballooning battery market is expected to drive demand for the light white metal, and mining companies, battery producers and automakers are scrambling to secure supplies. Goldman Sachs predicts that for every 1%… Read more »
Tesla’s Gigafactory features renewable energy, recycling, robots…and horses
As Tesla develops the mass-market Model 3, it is simultaneously working on the Nevada Gigafactory that will produce the boatloads of batteries required. When the futuristic factory is finished in 2020, it is expected to produce more lithium-ion batteries than all the world’s other battery factories combined. When completed the 13-million-square-foot facility will have the… Read more »
Lithium X acquires potential lithium lode in Nevada
The business of prospecting for lithium is still tiny compared to the worldwide oil exploration industry, but some companies are already buying up tracts of land that may contain motherlodes of the light white stuff. The lithium exploration and development company Lithium X Energy has announced its acquisition of the CVL Lithium Property in Nevada’s… Read more »
Elon Musk: Tesla is tracking 60 battery development efforts around the world
Tesla CEO Elon Musk covers a lot of ground in a recent interview with Investment icon Ron Baron. He explains how, as a young man, he identified the five tech areas that would have the greatest impact on mankind’s future, and set out to make his mark. He also gives propers to early partner AC… Read more »
Analyst: Tesla will reduce battery cost 50% by 2020
There’s a lot of future potential baked into Tesla’s stock price, but many stock pundits believe it’s headed even higher. Jefferies analyst Dan Dolev recently raised his price target for TSLA to $365.00, based on his belief that the company will be successful at lowering battery costs, and that this will improve its gross margins…. Read more »
Tesla tweaks its battery chemistry: a closer look at silicon anode development
In mid-July, Tesla Motors made a trio of Model S update announcements. The new options included a 70 kWh rear-wheel-drive base model, an upgrade for the high-end battery pack from 85 to 90 kWh (providing about a 6% increase in range), and Ludicrous mode, which offers a 10% improvement in the car’s 0 to 60… Read more »
Oil industry trade mag asks: Is Tesla’s Model S the beginning of the end for oil?
Not all in the oil industry are inclined to dismiss EVs as a passing fad. In a recent article in the trade magazine Alberta Oil, Max Fawcett writes, “The Tesla Model S is one of the most beautiful and interesting automobiles to ever get made. It might also be one of the most dangerous. That’s… Read more »