The lithium carbonate price hit new lows today while Tesla gets ready to hit new highs

Instead of wondering if 'this is the bottom', remember new #li supply is expected to continue to keep the market in oversupply till 2027, with new supply coming from Chile, China, Australia and Africa. Meanwhile, shares in companies buying lithium, such as Tesla $TSLAand BYD are hitting new highs. From mid April the lithium price fell 22%. Vs Tesla $TSLA rising 77% and BYD $BYD COMPANY(01211.HK)$ gaining 24%

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