5 Lithium Stocks That Could Get a Charge From Tesla’s ‘Masterplan’

Tesla is in the news again following CEO Musk’s tweet regarding a new part to the Company’s Masterplan.

SmallCapPower | July 12, 2016: Amongst some negative news throughout the past few weeks Tesla’s leader, Elon Musk, may finally have the recipe for ramping up production and meeting target figures – a feat Tesla is certainly not known for doing. If this ‘Masterplan’ can connect the lithium stocks to the firm for increased production, then the stocks in the space, which might include the names on our list, could skyrocket as potential customers.

Nemaska Lithium Inc. (TSE:NMX) – $1.20
Specialty Mining & Metals

Nemaska Lithium Inc. is a Canada-based company that is engaged in the exploration and development of hard rock lithium mining properties and related processing of spodumene into lithium compounds. The Company owns two mining properties, which include Whabouchi and Sirmac in the Eeyou Istchee/James Bay territory in the province of Quebec. The Whabouchi Property is composed of one block totaling 33 claims covering an area of approximately 1,761.9 hectares, which has lithium found in the spodumene.

• Market Cap: 374,920,626
• Revenues: 0
• Total Debt: 0
• Total Cash: 3,256,785

Electrovaya Inc. (TSE:EFL) – $3.87
Electrical Components & Equipment

Electrovaya Inc. is a Canada-based company that is engaged in developing, manufacturing and marketing of power technology products. The Company develops Lithium Ion SuperPolymer batteries and battery-related products for the clean electric transportation, utility scale energy storage and smart grid power, consumer and healthcare markets. Its business lines include stationary storage products for telecommunications and new green-energy solutions, such as solar and wind, and motive power products for electric vehicles, including automobiles, forklifts used in materials handling, and other transportation applications, including the maritime sector.

• Market Cap: 331,755,159
• Revenues: 37,448,230
• Total Debt: 8,833,617
• Total Cash: 5,617,978

Lithium Americas Corp. (TSE:LAC) – $1.00
Specialty Mining & Metals

Lithium Americas Corp, formerly Western Lithium USA Corporation, is a Canada-based company that is focused on the development of Cauchari-Olaroz Lithium Project and the Lithium Nevada project. The Company’s segments include Hectatone, Lithium Nevada, Cauchari-Olaroz and Corporate. Its Cauchari-Olaroz Lithium Project is a lithium brine mineral project located in Jujuy province, Argentina.

• Market Cap: 215,285,203.21
• Revenues: 0
• Total Debt: 3,514,981
• Total Cash: 5,986,188

Lithium X Energy Corp. (CVE:LIX) – $1.65
Commodity Chemicals

Lithium X Energy Corp, formerly Royce Resources Corp., is a Canada-based lithium resource explorer and developer with a focus on becoming a supplier for the burgeoning lithium battery industry. Its Sal de los Angeles project is situated in the Lithium Triangle in Salta Province, Argentina. The project is comprised approximately on 8,156 hectares covering the nucleus of Salar de Diablillos. The Company also has land package in Clayton Valley, Nevada covering over 15,040 acres between its Clayton Valley North project and Clayton Valley South extension.

• Market Cap: 114,570,744.63
• Revenues: 0
• Total Debt: 0
• Total Cash: 4,351,043

Critical Elements Corp. (CVE:CRE) – $0.56
Specialty Mining & Metals

Critical Elements Corporation is a Canada-based exploration company that is involved in the acquisition, exploration and development of mining properties. The Company’s properties include Rose Lithium-Tantalum property, Amiral property, Arques property, Bourier property, Caumont property, Dumulon property, Duval property, Lemare property, Nisk property, Valiquette Property and British Columbia Rare Earth properties. Its flagship project is Rose Lithium-Tantalum, which lies in the northeastern part of Superior Province, within the Eastmain greenstone belt (NTS 33C/1). It consists of approximately 340 claims covering a total area of approximately 173.93 square kilometers.

• Market Cap: 70,996,783
• Revenues: 0
• Total Debt: 0
• Total Cash: 132,070

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