From Investorplace:
Tesla Inc. and its decision to build a $5 billion battery Gigafactory are pretty well known drivers of lithium demand. But the market for lithium ion batteries has a ton of untapped potential beyond just TSLA stock.
After all, Telsa Inc. is building its factor to meet its own requirement for lithium-ion battery packs. That says nothing about other applications for other companies, or how other lithium stocks will be needed to fill the shortage of supply in this emerging energy storage technology.