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Musk has once again publicly called for greater investment in lithium mining

I believe that everyone is very familiar with Tesla, recently Tesla has always made some explosive events, such as Tesla launched its own rocket some time ago, sending three rich people to the International Space Station has earned enough traffic around the world.

Recently, Tesla's boss Marx appeared in everyone's sights again, and he once again publicly called for increased investment in lithium mining.

As for why he always calls for increased investment in lithium mining, in fact, this has a lot to do with the development of his own and even the entire new energy vehicle. Lithium is a key component of electric vehicle batteries and is a "fundamental limiting factor" in the global popularity of electric vehicles.

However, with the vigorous development of new energy vehicles now, the demand for lithium in the market has increased sharply, and the mining of lithium has not changed, which has led to the fact that lithium has gradually failed to meet the market demand, which has led to a sharp increase in the price of lithium.

Musk has once again publicly called for greater investment in lithium mining

According to authoritative supplier surveys, global lithium prices soared 280% in 2021 and 127% in the first quarter. Although Tesla has signed agreements with a number of lithium mining merchants, it is still inevitable to be affected by the trend of global lithium price increases.

Now Tesla has become the world's largest production scale and profit margin of the car manufacturer, according to the data released by Tesla can see Tesla's operating income in the first quarter of 18.756 billion US dollars, an increase of 81% over the first quarter of last year: of which the auto business revenue reached 16.86 billion US dollars, an increase of 87% year-on-year, and the gross profit margin of the car jumped to 32.9%.

Musk has once again publicly called for greater investment in lithium mining

Although Tesla has experienced some public relations storms in recent years, it still does not affect Tesla's current position as the strongest car manufacturer.

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