4min chapter

Ride the Lightning: Tesla Motors Unofficial Podcast cover image

Episode 364: Q2 Earnings Call Recap, Highlights, and Analysis

Ride the Lightning: Tesla Motors Unofficial Podcast

CHAPTER

The Lithium Refining Business Is Insane

It is possible that there could be a slight decrease in car prices, but this is fundamentally depended on enfactory economic inflation. I think inflation will decline towards the end of this year. Weare suddainly seeing a prices of commodities tranding lower. This is making economic prognostication is traught with error. It's kind of a whole spectrum. On the battery metal side, for example, the price of litium has really shot up. lithium carbonate and lithium nydroxide, which has the extremely high purity. So thei, it is basically like minting money right now.

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