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  • cashcow6621 cashcow6621 May 30, 2011 8:22 PM Flag

    Cash Cow shatters lithium to electric car myth

    If you think these lithium stocks are hot because they fix the electric car problem you should use your due diligence to know that electric drive can't be competitive with internal combustion until somebody invents and commercializes an entirely new class of battery.
    In the meantime, the market will remain profoundly confused by snake oil suggestions that the cleantech revolution will mirror the progress that information and communications technology made over the last four decades. It's just not going to happen!
    The miracle of the iPad isn't the result of better batteries. It's better electronics that do more work, but only use a small fraction of the energy the legacy technologies required. The eco-clerics and hopium pushers in our midst do not like these truths, but they're truths nonetheless.

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