Cathie Wood Reveals One of the Key Theories She’s Banking on for Her Firm’s Tesla Investment
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The Street
The Street
By Tony Owusu The EV revolution won’t happen if production of this key ingredient doesn’t increase. The EV revolution is (nearly) upon us, according to Ark Invest guru Cathie Wood. High lithium prices over the past two years is a strong signal that a ramp in production is needed, according to the fund manager. DON’T MISS: Cathie Wood’s Investment Firm has Bought These 3 Stocks at Least 7 Days in a Row Miners will need to invest about $30 billion in capital expenditures in order to meet the demand that will grow strongly over the next decade. Her bullish view on lithium is tied to her bullish v…