Elon "We will not stop until every car on the road is electric"
Elon doesn't bluff.
When he said every car on the road would be electric, people laughed. Then Tesla became the most valuable automaker on earth. Then every legacy manufacturer announced EV programs. Then governments started banning combustion engines.
Now ask the obvious question: where does all the lithium come from?
Every EV battery needs 8 to 12 kilograms of lithium. There are 300 million EVs projected to be on the road by 2030. Do the math — that's 2.4 million tons of lithium just for cars. Before grid storage. Before data centers. Before military applications.
The world produces 300,000 tons a year.
Elon knows this. That's why Tesla is building the largest battery factory on the planet. That's why they're locking in supply contracts years in advance.
GM knows it too. They invested $50 million in a private company called EnergyX and locked in rights to buy their lithium output before anyone else.
EnergyX just commissioned the largest DLE lithium plant in America. Producing battery-grade lithium right now. At full scale: 50,000 tons per year. About a billion dollars in annual revenue.
Their technology pulls up to 3X more lithium than evaporation ponds. 98% recovery. Goldman Sachs compared it to shale fracking.
120+ patents. DOE grant. POSCO. Eni. 47,000 investors. $171 million raised.
$12/share. Price increases after April 16. Details here
Elon said every car will be electric. He doesn't say things he doesn't mean. And every one of those cars needs what EnergyX produces.
This is a paid advertisement for EnergyX's Regulation A+ Offering. Please read the offering circular at invest.energyx.com/. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.