Newest Fully Electric Truck Will be Even Better Than Imagined

LOS ANGELES, March 15, 2018 /PRNewswire/ --

FN Media Group Presents USA News Group News Commentary 

In a bold statement, which Elon Musk is known well for, Tesla's leader has pronounced that he is "optimistic" that Tesla will exceed previously released specs of the Tesla Semi Truck, the most promising fully electric truck.

News of improved lithium powered EVs is sending lithium mining companies reeling. Early movers in the lithium mining space continue to gain including QMC Quantum Minerals Corp. (TSXV: QMC) (OTC: QMCQF), Sociedad Quimica y Minera de Chile (NYSE: SQM), FMC (NYSE: FMC), and Nemaska Lithium Inc. (TSX: NMX) (OTC: NMKEF).

Elon Musk's pronouncements about his companies' inventions have often been met with ridicule and puzzlement. But he always walks the talk and delivers novel technologies that revolutionize complete industries.

The new mass cargo transit truck appears to be another of the major advancements that will surpass expectations.

Companies preparing for the increased demand for this new generation of EVs have focused on lithium production and are expanding their efforts to create new supplies including developing new lithium sources and capturing previously untapped resources.

QMC Quantum Minerals Corp. (TSXV: QMC) (OTC: QMCQF) is a junior company headlong into the lithium supply race. The company is focused on Canada's hard-rock lithium sector in a well-known region in Manitoba gaining interest for its favorable mining logistics.

Other existing lithium players who are ramping up the increase the production levels of lithium resources include Sociedad Quimica y Minera de Chile (NYSE: SQM), the largest producer of lithium, FMC (NYSE: FMC), which has expanding lithium interest in South America, and Australia's Orocobre Ltd. (OTC: OROCF), already expanding its production capacity since establishing production a short time ago.

HOW GOOD WILL THE TESLA TRUCK BE? 

From rocketry to mass transportation and perhaps more pertinently to electric vehicles, Musk's confidence in his ability to dazzle with unimaginable technology is now well known. With that in mind, it can be concluded that his latest pronouncement about the Tesla Semi is no act of empty bravado.

After helping establish the electric family saloon as the car of the future with the Tesla range of EVs, Musk has now set his sights on mass cargo transit.

Musk says that his vehicle will exceed previously released specs of the Tesla Semi Truck hand down.