In this video, I'll address Elon's comment that lithium refining will be the bottleneck for lithium lithium supply, as well as look at margins and the benefits of vertically integrating into lithium refining. Timeline 0:00 Introduction 01:16 Thanks, Credits, and Sources 04:37 Why is Lithium the Bottleneck? 06:10 Mining is Easy, Refining is Hard? A Red Herring 07:14 Lithium Refining // Margins 15:39 Fixed Price Contracts are being Phased Out 17:50 Lithium Refining // Forecast and Lead Times 20:39 Why is Tesla Pushing for More Refining? 24:49 Tesla Needs to Flirt Better with Entrepeneurs 25:26 Refining Integration could Save Tesla Billions 27:12 Lithium Refining // Summary Intro Music by Dyalla: Homer Said Source: The Limiting Factor, YouTube chanel