Tesla after hoursTheir SP jumped 11% after hours.
Apparently this is directly related to Musk saying that they will start selling cheaper cars next year (2025) and possibly even at the end of 2024.
Link Here I guess with BYD and CATL working to dominate the EV market by outputting cheaper cars for one and cheaper battery packs, Tesla has no other choice than supply more affordable options to the "common individual" .
Cheaper cars = more adoption to EV's = more lithium needed.
And as soon as 2027 there will be converters in North America who will "prefer" getting their concentrate locally. Since CRE is among the few who can supply them in a short time frame, it does look good for us.
I have been holding my position for 13 years now, so for me, selling before the financing completed is out of the question.