There is a limited supply of the stuff. No amount of digging can change that.
Besides, using batteries that are charged from a separate source is not a creation of energy. Petroleum IS a SOURCE of energy. Batteries are a means to transfer energy in a sort of container. That source of energy is most certainly NOT the lithium.
Your point that lithium batteries have their draw backs is well taken and I agree. However, if your larger point is that lithium batteries —or some newer version of batteries— are not going to be successful—then I disagree. As long as tesla’s share price remains high —then what you have is an industry consensus opinion that tesla is going to succeed. This large herd may be wrong. The herd is sometimes wrong. But they also contain the opinion of the smartest guys in the biz.
So imho its riskier to bet against them than to bet with them—if you’re into speculation.
the consequence of tesla’s success is that in 5-7 years electric cars will take a small bite out of demand for gasoline. that bite will get bigger. and eventually collapse the price of oil.
the middle east will be defunded.