True. All the ingredients in lithium-ion LFP batteries are low cost and extremely common. No rare elements are used at all.

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Jesse Peltan
@JessePeltan

There is NO COBALT in a lithium iron phosphate battery (LFP). LFP is the chemistry currently being deployed at scale for grid storage.

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📈 Market Reaction:

ETH

Before post: $2,500.21

Time after posted
Price & Change
1 min
$2,506.49
+6.28 (+0.25%)
5 min
$2,505.44
+5.23 (+0.21%)
10 min
$2,503.93
+3.72 (+0.15%)

DOGE

Before post: $0.23

Time after posted
Price & Change
1 min
$0.231590
+0.0₃949 (+0.41%)
5 min
$0.231510
+0.0₃869 (+0.38%)
10 min
$0.231140
+0.0₃5 (+0.22%)

GORK

Before post: $0.06

Time after posted
Price & Change
1 min
$0.055710
+0.0₄199 (+0.04%)
5 min
$0.054970
-0.0₃72 (-1.29%)
10 min
$0.054610
-0.001 (-1.94%)

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🤖 AI Thoughts:

Elon Musk's battery chemistry trivia caused more market movement than a caffeinated hamster on a trading floor. ETH saw a modest uptick: 0.25% in 1 minute, tapering to 0.15% by 10 minutes, proving crypto traders will latch onto anything vaguely tech-adjacent. DOGE wobbled upward by 0.41% initially, because of course it did—Musk plus batteries equals Dogecoin rocket fuel, apparently. GORK, the token nobody asked for, promptly deflated by 1.94% in 10 minutes, as if the market collectively sighed and moved on. Volatility was tame compared to Musk's usual chaos, suggesting even his tweets have diminishing returns. The real shocker: no rare elements were used in the post, yet it still managed to extract value from GORK holders.