Is Nickel The New Gold? Tesla CEO Elon Musk’s Comments Inspire Interest In Nickel

Credit to Author: Guest Contributor| Date: Wed, 26 Aug 2020 02:11:48 +0000

In the popular imagination, lithium is the element that powers EVs. However, as Elon Musk has pointed out, the term “lithium-ion batteries” is something of a misnomer, because they don’t really contain that much lithium. However, meeting the expected surge in demand for element #28 may not be so easy, because of various supply-side issues. In a recent interview with Kitco News, Michael Beck, Managing Director at Regent Advisors, said he sees something of a “perfect storm” brewing in the nickel trade

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