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Metal Tiger Plc

How Tesla’s Biggest Ingredient Could Make You Rich in 2020

Tesla Inc. (NASDAQ:TSLA)’s performance of late suggests the company will have no problem achieving its ambition to sell 500,000 cars per year beginning this year. Whereas most of the ingredients necessary for that many vehicles are not subject to any serious long term supply constraints, one is, and its not lithium. Its copper.

There are roughly 180 pounds of copper in every electric vehicle. That’s 45,000 tons just for Tesla. Each year.

Never mind all the electric Volkswagen Golfs, Chevy Bolts and Leafs, Toyota, Nissan Ford Peugeot Daimler Benz BMW and Audi electric vehicles preparing to ramp up sales globally.

Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.