Jason Burack of Wall St for Main St welcomes first time guests, Ken Ameduri, Founder of Crush The Street https://crushthestreet.com/ and Stefan Schauss, Director of Wealth Minerals https://wealthminerals.com/, which is a near term Lithium developer with projects in Chile to discuss the supply/demand fundamentals of Lithium, electric vehicles and why lithium demand is projected to triple to to 470,000 metric tons from current levels by 2025. Read Stefan's bio here: https://wealthminerals.com/corporate/board-of-directors/ Download a free, in depth research report on the Lithium market and on Wealth Minerals here: http://crushthestreet.com/wm Additional research to read about the Lithium market: 1) https://seekingalpha.com/article/4166042-new-lithium-war-begin 2) https://seekingalpha.com/article/4161615-lithium-replace-oil Lithium prices have doubled in the last two years, rising as high as $16,500 per ton while Lithium stocks have crashed because of a potential over-reaction due to the Chilean government announcing a 400% increase in their lithium export quota. This presents a potential buying opportunity and entry point for contrarian value investors in resource stocks and speculators. Jason asks Ken and Stefan about why Lithium Ion batteries will win the battle of the new battery technology for at least the next 5-10 years. A cell phone uses a minuscule average of seven grams of lithium. A Tesla Model-1 uses 10,000 times that quantity! Mercedes Benz says it plans to launch 10 different electric vehicles, including an all electric SUV, under the EQ sub-brand by 2025. BMW has similar plans. Even Ferrari is testing a hybrid out: https://www.bloomberg.com/news/articles/2018-04-23/ferrari-quietly-very-quietly-tests-electric-car And Porsche is going to be manufacturing a beautiful Mission E by 2020. Porsche also described an 800-volt DC fast charging system that would allow the Mission E's large battery pack to be recharged to 80 percent in 15 minutes or so to go with a high performance 600 horsepower, 310 mile range vehicle. The race is on to build the infrastructure of a network of supercharger stations to allow for easier rapid charging of electric vehicles https://abcnews.go.com/Technology/wireStory/race-set-europes-electric-car-charging-network-55146033 Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 40 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected]