Lithium Americas Corp (LAAC)

[G8trlongonlith]

Thanks Doc, and speaking of DD:

"Tesla's China Plan Is In For A Lift"

Excerpts from page B4 of today's WSJ

* China announced on Tuesday that it will ease its strict joint venture rules on foreign auto-makers;

* Tesla has long sought to manufacture its electric cars in China, which is Tesla's second biggest market after the U.S., but it has shied away from conforming with China's rules requiring a 50-50 joint venture with a local company and the sharing of any profit and technology;

* Accordingly, Tesla's cars are currently imported from California into China at a 25% tariff; and

* China now plans to phase out those restrictions for auto makers by 2022, and eliminate the rules this year for companies such as Tesla that manufacture electric vehicles. That makes it possible for Tesla to build a factory in China and not face the tariff.

My Take (and no doubt yours): Tesla just got a big shot in the arm to sell a boatload more EVs in China (even without this positive new change in China's restrictive trade regs, Tesla's revenue in China doubled to $2 billion last year from $1 billion in 2016), which will require a boatload more Lithium overall -- and who ya gonna call for that? Your favorite Nevada based Lithium miner no doubt.

Thank you POTUS!!

Go long LAC!!!!