Thursday, December 26, 2024
The carbon-free renewable energy craze has about run its course. Wind and solar power don’t work without massive government subsidies and tax credits. They also don’t work when the sun doesn’t shine, or the wind doesn’t blow. Still, humanity needs reliable energy. But traditional nuclear power plants are too expensive to build and operate economically, […]
The Tesla, Inc. (TSLA) share price has been on a wild ride through the first half of 2024. The stock’s volatility gives us an opportunity to see how the new breed of single-stock, covered call ETFs perform under extreme market conditions. TSLA opened 2024 at $250.08 per share. The stock proceeded to fall like a […]
The United States is one of a number of countries worldwide that are shifting to a lower carbon energy mix. This is great news for a few companies that will be the beneficiaries of the modernization of the electric grid, and the drive for renewable energy generation more broadly. One such company is a big […]
There has been a series of flawed assumptions followed by lousy planning from the governments of the world as they have continued their push to reduce carbon emissions by replacing current energy sources with renewables, primarily wind and solar. This discussion will not take the path you may be imagining. The enormous and wrong assumption […]
Warren Buffett has done it again… Buffett’s Berkshire Hathaway (BRK.A, BRK.B) put $232 million into the Chinese battery and electric vehicle company BYD (BYDDY) in 2008. That stake is now worth a cool $7.7 billion, making it one of Berkshire’s most lucrative investments. Meanwhile, Elon Musk has heaped scorn on electric vehicle company BYD. Back […]
Investors may want to buy weakness in lithium stocks, like Albemarle (ALB). Sure, Goldman Sachs said it expects for lithium prices to fall about 10% this year. Then, by next year, the firm believes lithium could fall about 73%. But that’s not going to happen. The world wants to put millions of electric vehicles on […]
Just look at Nio (NIO), an electric vehicle stock, which just reported strong deliveries. In fact, for May 2022, the company delivered 7,024 vehicles, of which 5,317 were premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s. Nio also sold 1,707 ET7s, its flagship premium smart electric sedan. Nio’s cumulative deliveries as […]
Investors may want to use the pullback in electric vehicle stocks as an opportunity. Global leaders want millions of EVs on the roads and automakers are abandoning combustion engines for electric vehicles. On a global level, sales are only accelerating. In the U.S., as Car and Driver notes, “American car shoppers seem to have discovered […]
