TSLA - LIT: Oversupply Concerns Continue To Weigh On Lithium Market Sentiment

Global X Lithium & Battery Tech ETF (NYSE:LIT) is a thematic fund offering investors exposure to the full supply chain in the industry from mining to battery production. Lithium as a commodity has gained importance over the past decade given the rise of electric vehicles and the demand for the batteries that power them. This exchange traded fund with $520 million in total assets is true to its name as among the current 39 equity holdings, 9 of the companies actually include the word lithium in its corporate name. The market is fast