The big winners from Tesla stock surge: lithium miners and battery makers
New York (CNN Business)The incredible stock market surge for Tesla isn’t just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery makers are also benefiting from Tesla’s success. Lithium is a key component for batteries in electric cars. The Global X Lithium & Battery Tech ETF (LIT), a fund that owns Tesla (TSLA) and other companies in the electric battery business, is up 15% in 2021 and it has soared more than 65% in just the past...
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