Tesla's 110% stock rally could signal an electric revolution, and this miner expects to cash in
, a British gold-and-silver miner, views the hype around Elon Musk's electric-car startup as great news for one of its new projects.
"There's a lot of talk around cobalt, lithium, nickel, but not a lot on rare earths, which are crucial in terms of the efficiency of the motors," Barua said. Those minerals are "really fundamental for this revolution to take place." "That's why this project is so unique and so important to the future and to the electric revolution," he added.
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