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Elon Musk’s forecast for investment in 2022: that’s how money is made right now

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Elon Musk is the richest man in the world, a financial situation that puts him in a privileged position when it comes to investment prospects. In other words, he knows how to make money, and you should heed his advice.

Elon Musk is currently behind some of the most important companies in the world, Tesla and SpaceX, in addition to a number of smaller companies. Although he focuses almost all the time on the smooth running of the companies he runs, he has just taken the time to buy Twitter and give some investment advice. Not the other way around, but in his opinion, lithium is an extremely profitable metal in 2022 and in the years to come. As a reference, the metal is the main ingredient in batteries that have become indispensable in our lives, including in electric cars.

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Elon Musk makes a lot of money from lithium

In the context in which no Tesla car would come out of the factory door without a lithium battery, Musk began some time ago to get involved in lithium processing. Moreover, the richest man in the world encourages others to do the same, especially in the context of the lack of lithium supply to major car manufacturers. Supply fails to align with demand.

According to Elon Musk, the lack of lithium in the market is the “limiting factor” behind the increase in the production of electric cars. “Lithium margins are practically already software industry margins… Do you like to make money? Well, the lithium business is for you, ”Tesla boss summed up his opinion on the subject.

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If you see Elon Musk’s humanitarian advice on lithium as not humanitarian, that’s not the case. In fact, the urge is for his own good. The billionaire has said in the past that if he fails to resolve supply issues for the raw materials behind Tesla battery cells in a timely manner, the giant’s production will suffer.

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