Replies to post #9999 on Lithium Americas Corp (LAAC)

[I-Man]

Yes Tugtrash:

A Company That May Be an Acquisition Target

Speaking of Tesla, our next company is Lithium Americas (NYSE: LAC) which may be an acquisition target for Tesla. For starters, Lithium Americas is a small-cap Canadian miner with a market cap of around $2.6 billion. One of the company’s projects is located in Nevada where Tesla already has its Gigafactory. And the company also has a project in Argentina’s “lithium triangle.”

Both of these are lending support to the idea that Tesla could decide to make a strategic acquisition that would supercharge its battery production plant. But even if Tesla doesn’t become a partner, there should be ample room in the EV market to accommodate many lithium producers. And that makes Lithium Americas a lithium stock to consider.