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Re: FooBarAndGrill post# 61628

Wednesday, 02/09/2022 11:24:52 AM

Wednesday, February 09, 2022 11:24:52 AM

Post# of 86624
Maybe eventually, but not for awhile, maybe decades. Again, concentrations and the processing still has it's limits and of course, expense. GM is one that is going after lithium at the Salton Sea, and others are exploring that resource. Buffet has been involved there for years (discontinued at times, now getting revived a bit). Saudi Arabia is probably ahead of the game on desalination methods and discovering more efficient means to extract lithium out of the oceans, but I don't really care for their control over "black gold", let alone being ahead in "white gold". The US is a baby in that respect and we better hurry up and grow up in this industry. We've been placid way to long and not putting our efforts and money in our own tech and development, instead relying on basically our adversaries for cheap goods and high profit to big corp and top 1-10%. Now we're going to pay and if we don't put intensive effort(and big money) into our own structure (less profit for the top and maybe an expense for them short term), we're going to pay way too much and many won't be able to pay at all for things like the Tesla. Tesla and other auto makers need to be able to sell and make affordable to the bulk of the population, not just the very upper middle class and the top. This is the only way to increase the value of the company. Anything else will limit and put a cap on how far Tesla can go.

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