RIO News: What Are the Hottest Lithium Stocks Right Now? 3 Top Picks. - 30th Jul 2024, 9:07pm

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Tesla’s (NASDAQ:TSLA) Elon Musk called lithium the “new oil” and invested in what’s now the largest processor of the element in North America. Indeed, demand for lithium, used for the rechargeable batteries in electric vehicles (EVs), has increased as more people move away from gasoline-powered cars and car manufacturers produce cleaner vehicles.

Lithium is the lightest metal. That makes it ideal and useful for various products, from pacemakers to jets to electric and hybrid...

>>> Read more: What Are the Hottest Lithium Stocks Right Now? 3 Top Picks.
 
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