Thursday, December 26, 2024
Nio (NIO) is often considered the Tesla of China. The electric car maker does have $5 billion in sales, which differentiates it from many other new electric vehicle makers whose sales are light. One very interesting block trade from last week was a massive covered call trade on NIO. The trader purchased 750,000 shares of […]
There are three good reasons the lithium story is probably about to go into overdrive. For one, the bull market is only accelerating. By 2030, tens of millions of electric vehicles could be on the roads, especially with global governments pushing for them. Even major automakers are abandoning internal combustion engines for EVs. Two, there’s […]
Lithium prices are soaring as demand continues to significantly outweigh supply. In an article titled “Lithium Prices Have Nearly Doubled in 2022 Amid Insane Commodity Rally,” OilPrice.com writer Alex Kimani reported that this rapid doubling comes on the heels of 2021’s quadrupling of lithium prices. Kimani ads: “…lithium producers have been caught flat-footed again, ill-prepared […]
Today, I’m going to talk about what I expect to be one of the top-performing stocks in 2022. In a recent YouTube video, I mentioned that I expect electric truck manufacturer Rivian (Nasdaq: RIVN) to be a home run. Staying on that theme, Ford’s (F) electric F-150 is going to go gangbusters. Earlier this year, […]
It was a cold January Indiana morning. I headed to the shopping center. They were delivering a TV and I needed a part before they arrived. I pulled into the empty parking lot about 15 minutes before the store opened. I thought good, it’s pretty cold, I’ll get a nice parking space close to the […]
Electric vehicle stocks, like NIO (NIO), could accelerate well into 2022, for three very important reasons. First, governments all over the world are racing to reduce carbon emissions. In fact, the U.S. just pledged to reduce emissions by as much as 52% over the next several years. Europe wants to cut CO2 emissions by up […]
When someone says electric vehicles (EVs), many people immediately think of Tesla (TSLA). But from an investment viewpoint, there’s a lot more to the industry than just one company. My favored EV subsector is the supply chain. Without batteries, there is no EV industry. And without the necessary raw materials, there would be no batteries. […]
Another big global automaker has set off in hot pursuit of Tesla (TSLA): the world’s largest carmaker, Toyota Motors (TM). The company has said it will pour $35 billion into its shift toward electric vehicles (EVs), with the sum split more or less evenly between vehicle development and battery improvement. Toyota’s investment in electric car […]
The electric vehicle story is accelerating as we head into 2022. While EV stocks, like Tesla (TSLA) are still red-hot, another one to keep an eye on is XPeng Inc. (XPEV), a $38.6 billion EV company based in China. XPEV stock is technically oversold. However, after pulling back from about $55 to $39, the stock […]
Electric vehicle (EV) stocks could be some of the biggest winners of 2022, and three of the top EV stocks investors may want to consider for next year are Tesla (TSLA), Nio Inc. (NIO), and Li Auto (LI). When it comes to EV investment opportunities, Tesla is, of course, one of the top stocks. Tesla […]
