Tesla Looms Large in Global Lithium Market
July 19, 2019 at 13:24 PM EDT
The Global X Lithium & Battery Tech ETF (NYSEArca: LIT) is lower by 3.22% year-to-date, but the fund could be poised to rebound as Tesla Inc. (NASDAQ: TSLA) gobbles up more lithium, potentially boosting prices of the commodity along the way. LIT, which is nearly nine years old, tracks the...