| Dear Reader, Tesla’s been on a deal making spree lately…signing up Aussie miners left and right. Investors smart enough to position themselves before this happened had a great chance to make impressive gains. Like early backers of Liontown Resources [ASX:LTR], who realised a 1,270% gain (at the time of writing) since it struck a deal with Tesla in 2020. Then there’s Piedmont Lithium [ASX:PLL], which gave shareholders the chance to make six times their money in less than a month, when Tesla ‘chose’ them in 2020. I’m writing today because... I found an ASX stock that I believe could be Elon’s next ‘chosen one’. And while there’s no guarantee that it will be a take-over candidate, or that it’ll make the same kinds of gains as Liontown or Piedmont… I believe it could follow a similar path. This miner wants to supply a critical EV resource that’s been causing Elon Musk’s biggest headache: Nickel. In fact, Elon is so desperate for the mineral that he said: ‘Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way.’ Plus, this ASX nickel developer is already doing deals with top battery producers like LG and Samsung. I reckon that puts it in a very good spot. Especially since it’s trading for less than 15 cents at the time of writing. You can learn about this small-cap stock — including the write-up and ticker symbol — in my updated briefing. Click here for access. Cheers, Callum Newman,
Editor, Australian Small-Cap Investigator | 