Rocky…

Except the best selling car in the world is an EV.

The crash of EV sales and overstock has caused some opportunity.

If you’re deal hunting and you:

• don’t care about brand
• don’t drive a lot
• want to get a great deal

Your best bet is to lease an Electric car.

The incentives are hot and you avoid taking any residual risk—even i’m considering one for my family.

— Car Dealership Guy (@GuyDealership) December 24, 2023

Teslag said:

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Except the best selling car in the world is an EV.

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Except all EVs combined only make up about 9% of the US market.

techno-ag said:

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Teslag said:

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Except the best selling car in the world is an EV.

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Except all EVs combined only make up about 9% of the US market.

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I don't think you'll get many EV drivers on this thread say most non Tesla EV's are worth buying. There's a reason the Tesla Y is the world's favorite car.

Chevy, Toyota, Tesla, you name it, BEV's seem to be…a white hot mess to repair/deal with right now.

Typical Nortex post selective omission and outright embellishment. Guy mentions Tesla barely in a blurb af the end and even says it's "very rare" for Tesla batteries to suffer battery damage

Dude is the goat at hoping no one ever actually reads his links or watches his videos.

Teslag said:

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Typical Nortex post selective omission and outright embellishment. Guy mentions Tesla barely in a blurb af the end and even says it's "very rare" for Tesla batteries to suffer battery damage

Dude is the goat at hoping no one ever actually reads his links or watches his videos.

---

Typical snarky post with no facts or rational criticism but ad hom about the links provided by me. Snark and cry more.

Teslag said:

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Typical Nortex post selective omission and outright embellishment. Guy mentions Tesla barely in a blurb af the end and even says it's "very rare" for Tesla batteries to suffer battery damage

Dude is the goat at hoping no one ever actually reads his links or watches his videos.

---

The forum's biggest cry baby lamenting someone posts something that they…hope no one reads/watches.

Typical.

At least that wasn't as bad as the post earlier this week saying lithium mining was way worse than fracing but when you looked at the original article that was cited in the posted article, it said the exact opposite. It said fracing was worse in everyway than fracing.

While I don't agree with the conclusion because both have serious environmental issues, I love the posters that only look at the headline and not the underlying story they cite which totally contradicts them.

Oh look, 'small' shops in China are causing pollution 'recycling' BEV batteries;

Quote:

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But China's battery recycling regulation is still nascent. It's sometimes convoluted for battery manufacturers and automakers to retrieve expired cells, many car owners don't know they can get paid for their used batteries, and recycling companies have struggled to secure a reliable stream of old ones.

That's where traders like Li step in. The 29-year-old posts advertisements on social media platforms such as Douyin, a TikTok-like video platform, and leverages friends and family to find potential sellers. A battery could show up in a faraway province, so he'll sometimes arrange for a courier from a ride-hailing service to pick it up, or travel to another city himself.

From there, the battery could go to a middleman, an unlicensed workshop to be broken down, or to an official recycler. Transactions are always done quickly and in cash because raw material prices are so volatile that recycling rates can change in as little as half a day.

Yang Lin, secretary general of the battery recycling committee set up under China's Electronic Energy Saving Technology Association, estimates that unregulated operators currently make up about a fifth of the market. With the cost of setting up just one recycling processing line running to around $15 million, it's easy to see why bit players have sprung up. Their presence threatens to undermine the credibility of China's recycled batteries because they don't always adhere to environmental and safety standards. And because they don't have to invest in those proper protections, they can offer EV and other battery owners higher prices, diverting valuable cells to a less desirable supply chain.

"Once you allow more of these small workshops to exist, the resources will flow to wherever they can generate the highest return," says Zhang Yuping, deputy general manager of one of the nation's biggest recycling companies GEM Co. "It's just like drugs."

The most profitable EV batteries to recycle are made of lithium, nickel, cobalt and manganese. To extract the metals, the batteries have to be dismantled and shredded into what's known as "black mass," which is then dissolved in powerful chemicals.

It's that first step that's sparked a cottage industry of small-time recyclers in places like Tangxia, a town near the southern Chinese city of Dongguan. Xu Wei, one battery broker Bloomberg spoke to there, said business was thriving until the local government cracked down following a series of accidental fires.
Pan Juntian, a reporter at a local media outlet, spent two weeks undercover to get a look inside these workshops. "Without advanced machinery, the dissembling of battery packs requires a huge amount of labor," he said. Workers paid by the hour, with just cloth masks for protection, used wrecking bars and electric saws to pry open the boxes. They were "all male, and it took them at least one hour to open up a battery pack."

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I'm sure that's all disposed of properly, and never just dumped into landfills/the Yangtze etc.

Kansas Kid said:

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At least that wasn't as bad as the post earlier this week saying lithium mining was way worse than fracing but when you looked at the original article that was cited in the posted article, it said the exact opposite. It said fracing was worse in everyway than fracing.

While I don't agree with the conclusion because both have serious environmental issues, I love the posters that only look at the headline and not the underlying story they cite which totally contradicts them.

---

I assume you are talking about where you beclowned yourself posting about a lithium mining operation in the US to prove how American it was about to become, only to become educated then that it was/is owned by a Chinese company principally.

But the underlying truth is all the sulfur to be trucked in on diesel trucks (75 daily), in/below the water table is perfectly clean. Sure, good 'gotcha.' Do you and Teslag actually know each other or just agree about the same silliness?

nortex97 said:

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Kansas Kid said:

---

At least that wasn't as bad as the post earlier this week saying lithium mining was way worse than fracing but when you looked at the original article that was cited in the posted article, it said the exact opposite. It said fracing was worse in everyway than fracing.

While I don't agree with the conclusion because both have serious environmental issues, I love the posters that only look at the headline and not the underlying story they cite which totally contradicts them.

---

I assume you are talking about where you beclowned yourself posting about a lithium mining operation in the US to prove how American it was about to become, only to become educated then that it was/is owned by a Chinese company principally.

But the underlying truth is all the sulfur to be trucked in on diesel trucks (75 daily), in/below the water table is perfectly clean. Sure, good 'gotcha.' Do you and Teslag actually know each other or just agree about the same silliness?

---

No it was article posted about how lithium mining was way worse than fracing from a website with one writer that turns out 6-8 articles a day. She cited an article that said the exact opposite of the headline.

Btw, go look how many trucks per day are needed for a single frac job. It is way more than 75 and as for water usage and contamination, oil doesn't exactly have a great track record.

Btw, your post based on extensive research according to you
"We're not gonna mine hardly any of the reserves in Oregon and Nevada. Good luck getting the commie states to use precious clean water supplies and energy to brine lithium at scale as demand goes up 600 percent. Again, you're gonna need to do more than a few seconds of research on this to figure it out."
Yet as I proved, it is already permitted and it doesn't apply use brining technology. The 66k of capacity is phase 1. You never do phase 1 at full capacity. So much for your excellent research that had major flaws in it.

nortex97 said:

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Kansas Kid said:

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At least that wasn't as bad as the post earlier this week saying lithium mining was way worse than fracing but when you looked at the original article that was cited in the posted article, it said the exact opposite. It said fracing was worse in everyway than fracing.

While I don't agree with the conclusion because both have serious environmental issues, I love the posters that only look at the headline and not the underlying story they cite which totally contradicts them.

---

I assume you are talking about where you beclowned yourself posting about a lithium mining operation in the US to prove how American it was about to become, only to become educated then that it was/is owned by a Chinese company principally.

But the underlying truth is all the sulfur to be trucked in on diesel trucks (75 daily), in/below the water table is perfectly clean. Sure, good 'gotcha.' Do you and Teslag actually know each other or just agree about the same silliness?

---

By the way, let me educate you on who are the largest shareholders of Lithium America, the company developing the Nevada mine.

The Chinese had an interest in the company at one time but that changed when they developed the Nevada mine. Once again, do more than 20 seconds of research.

Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

Quote:

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Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

---

Glad you are trying to learn.

nortex97 said:

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Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

Quote:

---

Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

---

Glad you are trying to learn.

---

That is the parent company. The Chinese do not have any interest in the mine in Nevada. It doesn't matter why, all that matters is the actual facts and who owns the mine. You stated they owned a majority of the mine and that is 100% inaccurate. How about you try to learn rather than post so many factually incorrect statements?

Just checking in before bed:

Looks like nortex is still getting whack-a-mole'd even on Christmas Day. Yikes.

GAC06 said:

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Just checking in before bed:

Looks like nortex is still getting whack-a-mole'd even on Christmas Day. Yikes.

---

He is a little more accurate than KJP with his statements. I just would never have guessed he was such a tree hugger especially when it comes to what happens in China.

58 cars burned in Denton

GAC06 said:

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Just checking in before bed:

Looks like nortex is still getting whack-a-mole'd even on Christmas Day. Yikes.

---

-vaccinated poster.

Proceed accordingly.

What happened

PlaneCrashGuy said:

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58 cars burned in Denton

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I hope they show it was an EV that started it otherwise it will be like the premature post on the fire in the garage in the England Airport was caused by an EV only to prove it was a diesel powered vehicle.

Kansas Kid said:

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PlaneCrashGuy said:

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58 cars burned in Denton

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I hope they show it was an EV that started it otherwise it will be like the premature post on the fire in the garage in the England Airport was caused by an EV only to prove it was a diesel powered vehicle.

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Hopefully we will find out no EV's burned and we can all give thanks it wasn't so much worse.

Kansas Kid said:

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nortex97 said:

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Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

Quote:

---

Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

---

Glad you are trying to learn.

---

That is the parent company. The Chinese do not have any interest in the mine in Nevada. It doesn't matter why, all that matters is the actual facts and who owns the mine. You stated they owned a majority of the mine and that is 100% inaccurate. How about you try to learn rather than post so many factually incorrect statements?

---

They own the parent company and divested direct ownership in the American mine so they could get Democrat subsidies cleanly without embarrassing poopy pants voters and you think you are making a winning point. hahaha.

A long, fairly humorous take on publicly traded EV stocks/companies/outlook; (just an excerpt below):

Quote:

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Tritium opened its Tennessee manufacturing plant in August last year. The opening of the factory was an important step in the company's strategy to achieve 'Buy America Build America' (BABA) compliance, as required by the $5bn 'National Electric Vehicle Infrastructure Formula Program' (NEVI) which is funding fast chargers every 50 miles along American highways.

Unfortunately, as per standard operating procedure (SOP) in the alternative energy sector, the company apparently cannot survive in the real economy without massive government assistance. The ambitious plan for profitability will depend upon state government orders in the USA flowing from the funds granted under NEVI.

Let's look at NEVI. The $5bn Program sounds like a big incentive. However, there are 50 states in America and large state and local bureaucracies to deal with in each one. $100 million per state does not sound like a lot of money in a $22tn economy.

The US Department of Transportation's (DOT) Federal Highway Administration NEVI Formula Program will provide funding to states to strategically deploy electric vehicle (EV) charging stations and to establish an interconnected network to facilitate data collection, access, and reliability. Funding is available for up to 80% of eligible project costs, including:

• The acquisition, installation, and network connection of EV charging stations to facilitate data collection, access, and reliability
• Proper operation and maintenance of EV charging stations
• And long-term EV charging station data sharing

EV charging stations must be non-proprietary, allow for open-access payment methods, be publicly available or available to authorized commercial motor vehicle operators from more than one company, and be located along designated "Alternative Fuel Corridors" (AFCs). If a state government and the DOT determine that all AFCs in the state have been fully developed, then the state can propose alternative public locations and roads for EV charging station installation.

The FHWA (Federal Highway Administration) announced approval of all initial state plans on September 27, 2022.

BOOM can see large state government bureaucracies being established to make the decisions regarding geographical locations, to purchase the sites, to establish them and to dish out the orders for DC fast chargers (or AC powered ones?). Private enterprise will not build this infrastructure unless it is a profitable venture. But where are all those charging stations going to be built and by whom? And what equipment will be preferred? This game is far from over.

BOOM offers, in French, "Bonne Chance!" to Tritium. That means "Break a leg!"; "Go for it" or just "Good Luck". Let's take a closer look at the landscape in which they operate. After all, "the future of transport is electric cars say the all-knowing politicians".

TESLA IN THE BALANCE? A FUTURE FOR ELECTRIC CARS? The electric car dates back to 1832 when Robert Anderson built the first one in Scotland. Batteries that could be recharged came along in 1859, making the electric car idea more viable. 'The Electrobat' was the first commercially viable electric car, patented in 1894.

In the year 1900, over 120 years ago, electric cars accounted for about one-third of all vehicles in the United States. In New York City they were 90% of all the electric cars because they dominated the taxi industry. There were many manufacturers. However, it all came to an end in 1935 when there were no electric cars left on the roads. Henry Ford killed the industry with the internal combustion engine. His Model T Ford arrived in 1908 and sold in millions until 1928.

The modern electric car industry is now (again) plagued by significant uncertainties. Here are just a few that spring to mind: insufficient recharging stations, range anxiety, increasing insurance costs, uncertain battery life, battery replacement costs, battery weight, increased tyre wear, high initial purchase prices, uncertain resale prices, inadequate model choice, mineral consumption, electromagnetic field radiation from the batteries (EMF) and its long term health consequences, and last but not least, the base energy source used to provide the electricity to charge the batteries (e.g. coal, gas, oil, nuclear, solar, wind etc).
An assessment by the International Energy Agency (IEA) made in 2021 showed that (aside from all the steel and aluminium) an electric car contains over 200 kilograms of minerals compared to 33 kilograms for a conventional car. These cars do not make themselves. Massive factories with massive energy requirements are needed. Volkswagen's largest factory in Germany for conventional vehicles has two power stations solely dedicated to production. They also contain glass, silicon, rubber and plastics. Here is the breakdown of the minerals involved.

• Conventional ICE Car Copper 22.3 Kg per car plus Manganese 11.2 Kg
• Electric Car Copper 53.2 Kg, Lithium 8.9 Kg, Nickel 40 Kg, Manganese 24.5 Kg, Cobalt 13.3 Kg, Graphite 66.3 Kg

So with massive energy requirements, massive minerals requirements, and massive numbers of re-charging stations, how can we assess the future for the electric car industry?

There are 36 electric-only car companies listed on stock exchanges. Of those 17 are US-based. Nine are based in China.

Their combined total market capitalisation is US$808bn. Tesla (TSLA) is $685bn of this amount or about 85%.

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nortex97 said:

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Kansas Kid said:

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nortex97 said:

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Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

Quote:

---

Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

---

Glad you are trying to learn.

---

That is the parent company. The Chinese do not have any interest in the mine in Nevada. It doesn't matter why, all that matters is the actual facts and who owns the mine. You stated they owned a majority of the mine and that is 100% inaccurate. How about you try to learn rather than post so many factually incorrect statements?

---

They own the parent company and divested direct ownership in the American mine so they could get Democrat subsidies cleanly without embarrassing poopy pants voters and you think you are making a winning point. hahaha.

---

Why don't you show us your proof if you are so confident. Instead you just make a statement without any support.

Btw, they separated the company into two totally independent companies in October so your proof needs to be after that date. One owns the Thacker mine and the other owns the interest in Lithium Argentina. I know it is hard to admit you are wrong but it is time for you to either do so or prove you are right.

Kansas Kid said:

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nortex97 said:

---

Kansas Kid said:

---

nortex97 said:

---

Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

Quote:

---

Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

---

Glad you are trying to learn.

---

That is the parent company. The Chinese do not have any interest in the mine in Nevada. It doesn't matter why, all that matters is the actual facts and who owns the mine. You stated they owned a majority of the mine and that is 100% inaccurate. How about you try to learn rather than post so many factually incorrect statements?

---

They own the parent company and divested direct ownership in the American mine so they could get Democrat subsidies cleanly without embarrassing poopy pants voters and you think you are making a winning point. hahaha.

---

Why don't you show us your proof if you are so confident. Instead you just make a statement without any support.

Btw, they separated the company into two totally independent companies in October so your proof needs to be after that date. One owns the Thacker mine and the other owns the interest in Lithium Argentina. I know it is hard to admit you are wrong but it is time for you to either do so or prove you are right.

---

I don't have any duty to do a damn thing to your satisfaction, thank you very much. The split was planned as a charade to get the funding from the CCP-dem party as indicated.

That you now now about it (after a week?) and think it's something other than that is just obtuse but you're welcome to keep beclowning yourself on the subject of splits/shares/CCP interests in lithium/thacker and benefits from Biden's BEV subsidies;

Quote:

---

Ganfeng holds direct ownership stakes in some of the Argentine mining assets and, by splitting off that part of the company, Lithium Americas could dilute its Chinese ownership in the Thacker Pass project. The Washington Free Beacon reported some Republican figures are still concerned about the Lithium Americas split, because the current Lithium Americas shareholders will receive stakes in both Lithium International and Lithium Americas after the split goes though, in direct proportion to their current holdings in Lithium Americas.

While the Lithium Americas' split will compartmentalize the Argentine mining projects where Ganfeng holds a direct ownership stake, the Chinese firm will still have a key financial interest in the part of the entity that will own the Nevada lithium mine. Ganfeng's ownership stake in the Thacker Pass mine would continue unless Ganfeng divested from Lithium Americas entirely.

In a statement to the Washington Free Beacon, Pompeo called the Lithium Americas' split a "half measure" that he said is "nowhere near enough to guarantee that the CCP will not have any amount of control over a key source of America's lithium supply."

Pompeo told the publication that the U.S. Treasury Department which is reviewing the proposed mining deal should not approve the Thacker Pass mine "Until we know that no CCP-controlled shareholder is involved in this project, the Treasury Department should not allow it to move forward," Pompeo said.

---

I'm considering not providing links any longer and letting you do the research as it has probably helped you and the Tesla fan girls out looking some of this up independently.

nortex97 said:

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Kansas Kid said:

---

nortex97 said:

---

Kansas Kid said:

---

nortex97 said:

---

Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

Quote:

---

Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

---

Glad you are trying to learn.

---

That is the parent company. The Chinese do not have any interest in the mine in Nevada. It doesn't matter why, all that matters is the actual facts and who owns the mine. You stated they owned a majority of the mine and that is 100% inaccurate. How about you try to learn rather than post so many factually incorrect statements?

---

They own the parent company and divested direct ownership in the American mine so they could get Democrat subsidies cleanly without embarrassing poopy pants voters and you think you are making a winning point. hahaha.

---

Why don't you show us your proof if you are so confident. Instead you just make a statement without any support.

Btw, they separated the company into two totally independent companies in October so your proof needs to be after that date. One owns the Thacker mine and the other owns the interest in Lithium Argentina. I know it is hard to admit you are wrong but it is time for you to either do so or prove you are right.

---

I don't have any duty to do a damn thing to your satisfaction, thank you very much. The split was planned as a charade to get the funding from the CCP-dem party as indicated.

That you now now about it (after a week?) and think it's something other than that is just obtuse but you're welcome to keep beclowning yourself on the subject of splits/shares/CCP interests in lithium/thacker and benefits from Biden's BEV subsidies;

Quote:

---

Ganfeng holds direct ownership stakes in some of the Argentine mining assets and, by splitting off that part of the company, Lithium Americas could dilute its Chinese ownership in the Thacker Pass project. The Washington Free Beacon reported some Republican figures are still concerned about the Lithium Americas split, because the current Lithium Americas shareholders will receive stakes in both Lithium International and Lithium Americas after the split goes though, in direct proportion to their current holdings in Lithium Americas.

While the Lithium Americas' split will compartmentalize the Argentine mining projects where Ganfeng holds a direct ownership stake, the Chinese firm will still have a key financial interest in the part of the entity that will own the Nevada lithium mine. Ganfeng's ownership stake in the Thacker Pass mine would continue unless Ganfeng divested from Lithium Americas entirely.

In a statement to the Washington Free Beacon, Pompeo called the Lithium Americas' split a "half measure" that he said is "nowhere near enough to guarantee that the CCP will not have any amount of control over a key source of America's lithium supply."

Pompeo told the publication that the U.S. Treasury Department which is reviewing the proposed mining deal should not approve the Thacker Pass mine "Until we know that no CCP-controlled shareholder is involved in this project, the Treasury Department should not allow it to move forward," Pompeo said.

---

I'm considering not providing links any longer and letting you do the research as it has probably helped you and the Tesla fan girls out looking some of this up independently.

---

Right after the split they still had shares and then they sold down their interest in the US entity as shown by the latest shareholder filings with the regulators. Btw, they only own a little over 9% of the Argentina business which is less than GM does. I would also point out you previously were saying there was a parent company over Lithium America. What happened to that mysterious parent company?

Kansas Kid said:

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nortex97 said:

---

Kansas Kid said:

---

nortex97 said:

---

Kansas Kid said:

---

nortex97 said:

---

Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

Quote:

---

Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

---

Glad you are trying to learn.

---

That is the parent company. The Chinese do not have any interest in the mine in Nevada. It doesn't matter why, all that matters is the actual facts and who owns the mine. You stated they owned a majority of the mine and that is 100% inaccurate. How about you try to learn rather than post so many factually incorrect statements?

---

They own the parent company and divested direct ownership in the American mine so they could get Democrat subsidies cleanly without embarrassing poopy pants voters and you think you are making a winning point. hahaha.

---

Why don't you show us your proof if you are so confident. Instead you just make a statement without any support.

Btw, they separated the company into two totally independent companies in October so your proof needs to be after that date. One owns the Thacker mine and the other owns the interest in Lithium Argentina. I know it is hard to admit you are wrong but it is time for you to either do so or prove you are right.

---

I don't have any duty to do a damn thing to your satisfaction, thank you very much. The split was planned as a charade to get the funding from the CCP-dem party as indicated.

That you now now about it (after a week?) and think it's something other than that is just obtuse but you're welcome to keep beclowning yourself on the subject of splits/shares/CCP interests in lithium/thacker and benefits from Biden's BEV subsidies;

Quote:

---

Ganfeng holds direct ownership stakes in some of the Argentine mining assets and, by splitting off that part of the company, Lithium Americas could dilute its Chinese ownership in the Thacker Pass project. The Washington Free Beacon reported some Republican figures are still concerned about the Lithium Americas split, because the current Lithium Americas shareholders will receive stakes in both Lithium International and Lithium Americas after the split goes though, in direct proportion to their current holdings in Lithium Americas.

While the Lithium Americas' split will compartmentalize the Argentine mining projects where Ganfeng holds a direct ownership stake, the Chinese firm will still have a key financial interest in the part of the entity that will own the Nevada lithium mine. Ganfeng's ownership stake in the Thacker Pass mine would continue unless Ganfeng divested from Lithium Americas entirely.

In a statement to the Washington Free Beacon, Pompeo called the Lithium Americas' split a "half measure" that he said is "nowhere near enough to guarantee that the CCP will not have any amount of control over a key source of America's lithium supply."

Pompeo told the publication that the U.S. Treasury Department which is reviewing the proposed mining deal should not approve the Thacker Pass mine "Until we know that no CCP-controlled shareholder is involved in this project, the Treasury Department should not allow it to move forward," Pompeo said.

---

I'm considering not providing links any longer and letting you do the research as it has probably helped you and the Tesla fan girls out looking some of this up independently.

---

Right after the split they still had shares and then they sold down their interest in the US entity as shown by the latest shareholder filings with the regulators. Btw, they only own a little over 9% of the Argentina business which is less than GM does. I would also point out you previously were saying there was a parent company over Lithium America. What happened to that mysterious parent company?

Btw, way to resort to name calling when you don't get your way. You resorted to calling someone vaccinated last night and now it is Tesla girls. Really grown up behavior there.

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The split was planned and the mine was planned by the Chinese who profited from just selling their shares out such that they benefited from the pending Biden subsidies. Happy to help. I didn't call anyone here a name, you are just being pedantic and sensitive again, though we all know the tesla fan boys and girls are generally fairly stereotyped/characterized as such.

China, and subsidies are required for BEV's to even nominally work. The Thacker mine wouldn't exist without those subsidies, and would stop existing quickly if they are cut back on. Then the Chinese would/will re-invest/take over what remnant exists of that spin off and profit again, because they are committed to dominating precious metals for lithium batteries and BEV cars long term.

Teslag said:

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GAC06 said:

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Just checking in before bed:

Looks like nortex is still getting whack-a-mole'd even on Christmas Day. Yikes.

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Remember he just shares information and doesn't like the mandates.

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Oh look, more sniveling snark.

Flag!

Teslag said:

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GAC06 said:

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Just checking in before bed:

Looks like nortex is still getting whack-a-mole'd even on Christmas Day. Yikes.

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Remember he just shares information and doesn't like the mandates.

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-vaccinated poster

Proceed accordingly.

https://www.businessinsider.com/tesla-elon-musk-acted-normal-this-year-it-worked-out-2023-12?amp

Just as we all say, Tesla just has it down while others struggle

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While legacy car companies go back to the drawing board on their EV ambitions, Tesla has lots of runway to price their cars correctly for the market while still turning a profit on battery-powered cars something almost none of Tesla's competitors have achieved as of yet.

Deutsche Bank predicts fourth-quarter revenue around $24.7 billion and an automotive gross margin around 16.2%, according to a recent note to clients. That margin is off 10 basis points from the third quarter alone, but still outpaces the industry average around 9%.

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And unlike others, Tesla keeps rolling along with sales increases year over year. There's a reason why the most American made car on the road today is also Americas favorite car.

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Still, Tesla is expected to end 2023 with 1.8 million vehicles sold, according to Deutsche Bank. That's a nearly 38% increase from last year, and just barely hits the goal Musk set for the company at the start of the year.

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nortex97 said:

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Kansas Kid said:

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nortex97 said:

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Kansas Kid said:

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nortex97 said:

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Kansas Kid said:

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nortex97 said:

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Yes, for optics, for that division, so as not to make the subsidies look bad for Democrats.

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Lithium Americas has since applied for funding from the US Department of Energy, which has allocated hundreds of millions of dollars toward battery-metals projects.

"What makes it problematic, optics wise and optics matter is when the beneficial owners of those Department of Energy funds are Chinese shareholders," Kanellitsas told an audience of investors and industry members at Canaccord Genuity's annual metals and mining conference in Palm Desert, California.

"You can only imagine a press release saying here, 'Lithium Americas and Ganfeng announce a new joint venture' it just would not fly at all, especially given what we're trying to accomplish here in North America."

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Glad you are trying to learn.

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That is the parent company. The Chinese do not have any interest in the mine in Nevada. It doesn't matter why, all that matters is the actual facts and who owns the mine. You stated they owned a majority of the mine and that is 100% inaccurate. How about you try to learn rather than post so many factually incorrect statements?

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They own the parent company and divested direct ownership in the American mine so they could get Democrat subsidies cleanly without embarrassing poopy pants voters and you think you are making a winning point. hahaha.

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Why don't you show us your proof if you are so confident. Instead you just make a statement without any support.

Btw, they separated the company into two totally independent companies in October so your proof needs to be after that date. One owns the Thacker mine and the other owns the interest in Lithium Argentina. I know it is hard to admit you are wrong but it is time for you to either do so or prove you are right.

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I don't have any duty to do a damn thing to your satisfaction, thank you very much. The split was planned as a charade to get the funding from the CCP-dem party as indicated.

That you now now about it (after a week?) and think it's something other than that is just obtuse but you're welcome to keep beclowning yourself on the subject of splits/shares/CCP interests in lithium/thacker and benefits from Biden's BEV subsidies;

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Ganfeng holds direct ownership stakes in some of the Argentine mining assets and, by splitting off that part of the company, Lithium Americas could dilute its Chinese ownership in the Thacker Pass project. The Washington Free Beacon reported some Republican figures are still concerned about the Lithium Americas split, because the current Lithium Americas shareholders will receive stakes in both Lithium International and Lithium Americas after the split goes though, in direct proportion to their current holdings in Lithium Americas.

While the Lithium Americas' split will compartmentalize the Argentine mining projects where Ganfeng holds a direct ownership stake, the Chinese firm will still have a key financial interest in the part of the entity that will own the Nevada lithium mine. Ganfeng's ownership stake in the Thacker Pass mine would continue unless Ganfeng divested from Lithium Americas entirely.

In a statement to the Washington Free Beacon, Pompeo called the Lithium Americas' split a "half measure" that he said is "nowhere near enough to guarantee that the CCP will not have any amount of control over a key source of America's lithium supply."

Pompeo told the publication that the U.S. Treasury Department which is reviewing the proposed mining deal should not approve the Thacker Pass mine "Until we know that no CCP-controlled shareholder is involved in this project, the Treasury Department should not allow it to move forward," Pompeo said.

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I'm considering not providing links any longer and letting you do the research as it has probably helped you and the Tesla fan girls out looking some of this up independently.

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Right after the split they still had shares and then they sold down their interest in the US entity as shown by the latest shareholder filings with the regulators. Btw, they only own a little over 9% of the Argentina business which is less than GM does. I would also point out you previously were saying there was a parent company over Lithium America. What happened to that mysterious parent company?

Btw, way to resort to name calling when you don't get your way. You resorted to calling someone vaccinated last night and now it is Tesla girls. Really grown up behavior there.

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The split was planned and the mine was planned by the Chinese who profited from just selling their shares out such that they benefited from the pending Biden subsidies. Happy to help. I didn't call anyone here a name, you are just being pedantic and sensitive again, though we all know the tesla fan boys and girls are generally fairly stereotyped/characterized as such.

China, and subsidies are required for BEV's to even nominally work. The Thacker mine wouldn't exist without those subsidies, and would stop existing quickly if they are cut back on. Then the Chinese would/will re-invest/take over what remnant exists of that spin off and profit again, because they are committed to dominating precious metals for lithium batteries and BEV cars long term.

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Finally after all your many attempts to say it is a Chinese owned, the parent company is Chinese, they still have a large stake in the company, only to be corrected each time you have a factually correct statement. The mine, like most US assets is a potential future purchase by any company including a Chinese company under current law. Of course they would have to get CFIUS approval under current US law so…..

Again, the subsidies/mandate shouldn't exist but don't forget lithium is a global commodity so as long as prices remain at current or higher levels, it will likely be profitable. Of course why would you care because in that world, you think there will be no EV sales.

PlaneCrashGuy said:

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Teslag said:

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GAC06 said:

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Just checking in before bed:

Looks like nortex is still getting whack-a-mole'd even on Christmas Day. Yikes.

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Remember he just shares information and doesn't like the mandates.

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-vaccinated poster

Proceed accordingly.

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And what does that have to do with EVs or anything else other than vaccinations?