Is This The Best Way To Profit From The Electric Car Boom? (SPONSORED POST)

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

As Tesla (TSLA) fires up its US$5-billion battery gigafactory to mass produce lithium-ion batteries in a historical turning point, lithium prices are set to explode, there has never been a better year to be a lithium company.

Tesla began mass production of lithium-ion batteries in the first week of January 2017, and by the end of the year it will have led to a doubling of global battery production capacity. By 2018, Tesla predicts it will churn out 35 gigawatts of batteries per year. It’s a massive amount that surpasses more than what the rest of the world combined produces.

To put it more succinctly, Tesla’s Nevada Gigafactory alone will lead to a doubling of global battery production capacity next year already—and with such limited supply availability it means a bull run for lithium. If lithium grows at its expected rate of 16 percent annually, it will be the fastest-growing commodity of the century–and junior lithium companies may turn out to be the fastest-growing companies of the century.

Lithium X Energy Corp. (TSX.V: LIX) (OTCQB: LIXXF) is a small-cap lithium company with a large resource (> 1 million tonnes LCE) and a dream team that has stormed the new supply scene in a way that would have been unthinkable just a couple of years ago.

Not only does the company have a world-class lithium resource in one of the sweetest lithium spots in the world, but it also has a world class technical and financial team with a strategic vision that has the potential to turn this into a billion-dollar company.

Here’s why:

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Lithium stocks continue to rise, and analysts view 2017 as the strongest lithium rise yet because of Tesla’s Model 3 demand. The demand is not even in question: Tesla’s already got some 370,000 reservations and is looking to deliver 100,000 before the end of the year. It’s more a question of supply meeting demand at this point.