- Tesla Motors (TSLA) CEO Elon Musk sees exploding demand for low-cost lithium-ion batteries.
- The exec forecasts the automobile industry alone will need 200 gigafactories to supply it. Ground breaks on Tesla' first gigafactory in June.
- The Musk thesis is based on cars powered by electric batteries winning out over hydrogen cars, hybrids, and gas-powered vehicles. Toyota (TM) is expected to have a lot to say on that issue.
- Lithium plays: PCRFY, ARTX, SQM, ENS, WLCDF, FMC, LIT