To Buy EV Stocks or Lithium Stocks? | Midas Letter Daily ft $LAC @AtlisMV
Investments in both lithium and electric vehicle (EV) stocks give investors exposure to the growing societal change of electrification.
Besides being more environmentally friendly, EVs are looking cheaper to drive with surging oil prices. The latest report by Bloomberg shows that by 2040, 58% of global passenger vehicle sales will come from electric vehicles. And to show that trend is well and truly on its way, 2021 EV sales more than doubled to 6.6 million compared with 2020.
As the EV industry grows, the supplying materials will have to rise to keep up with demand.
Batteries are the most important component in EVs, explaining why the lithium price has hit record highs. The most important battery metal has doubled this calendar year and is up over 500% since 2019.
Therefore, investors wanting to play the EV boom can invest in EV manufacturers, lithium stocks and/or EV ancillary companies.
So, which investment is the better buy right now?
Watch Midas Letter RAW to learn more and watch both included interviews with a new EV/battery manufacturer and an advanced-stage lithium mining company.
Atlis Motor Vehicles CEO Mark Hanchett
Atlis revolutionizes the EV battery market with the world’s first AMV Cube Cell. This new battery can charge from 0-100% in less than 15 minutes and doesn’t sacrifice performance, even in difficult environments.
Lithium Americas is focused on advancing three lithium projects in Argentina and the United States to production. The company expects production at one of its sites within the year. The company’s Nevada project might spin off into a separate public pure North American play. This project is one of the largest lithium opportunities in the USA.
00:00 – Midas Letter RAW
00:50 – Tesla $TSLA rise
01:47 – Coming Up
04:42 – Audience Questions #AskMidas
04:45 – Reliance on Chinese graphite?
05:17 – Banxa $BNXA vs PayPal $PYPL?
06:48 – Crypto hackability vs gold?
08:53 – US Oil drawdown?
10:05 – Pfizer Oscar sponsor and “the slap”?
13:13 – Central banks investing in gold vs USD?
14:16 – What industry are you most bullish on?
16:46 – Lithium
18:14 – Lithium Americas Corp $LAC CEO Jonathan Evans
35:35 – NYSE:LAC chart
36:16 – Direct Lithium Extraction (DLE)
39:25 – Commodities (Copper, Lumber, Gold)
40:56 – Cryptocurrencies
43:27 – Bitcoin $BTC
45:17 – Atlis Motor Vehicles CEO Mark Hanchett
57:29 – Atlis Reg A Offering
58:07 – Tesla $TSLA
59:10 – WTI Crude Oil
01:00:23 – US 10-Year
01:01:06 – Lithium chart
01:01:57 – Wheat chart
01:02:20 – Cobalt chart
01:02:46 – Major Indices (S&P 500, Dow Jones, VIX)
01:03:44 – Inomin Mines Inc (CVE:MINE)