Rumors have been building up in the background as the share price has shot up recently, about the current supply chain of raw materials for the gigafactory, particularly lithium, being insufficient.
The United States produces under 1,000 tonnes of lithium hydroxide annually from just one mine–the Silver Peak in Nevada, while it's been calculated that Tesla will need 25,000 tonnes of lithium hydroxide per year to support an ambitious plan to build 500,000 electric vehicles per year by 2018.
I assume this is what has been fuelling the massive build up of shorts on the stock.
Has anyone else stuck with TSLA or bailed out recently?
Submitted January 06, 2017 at 02:25PM by throwerr http://ift.tt/2jcIoPn
