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home / news releases / TSLA - Cypress Development Looks Stronger After The Tesla Rumors But I Doubt This Can Last

TSLA - Cypress Development Looks Stronger After The Tesla Rumors But I Doubt This Can Last

Tesla Inc.
  • The company has a lithium project near Tesla’s Nevada gigafactory, which has a NPV of $1.05 billion at lithium carbonate prices of $9,500 per tonne.
  • However, the extraction of lithium from clay deposits is an unproven technology and the company needs significant funds for Clayton Valley.
  • Also, lithium is vulnerable to boost and bust cycles and we could be witnessing a new one.

For further details see:

Cypress Development Looks Stronger After The Tesla Rumors But I Doubt This Can Last
Stock Information
Company Name: Tesla Inc.
Stock Symbol: TSLA
Market: NASDAQ
Website: tesla.com
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