The only asset in my portfolio _ Tesla. Investing in green energy of the future. While perfecting in EV still has a long way to go. The journey of a thousand miles starts with the first step.

Electric cars are growing in popularity every day. Like conventional cars, there are certain benefits and drawbacks of using an electric vehicle compared to a gasoline-powered one. Here are the top few to keep in mind:

Pros Of Electric Cars

Cons Of Electric Cars

Electric cars are energy efficient

Electric cars can't travel as far

Electric cars reduce emissions

"Fueling" takes longer

Electric cars require lower maintenance

Electric cars are sometimes more expensive

On the pros side, electric cars are energy efficient, are better for the environment, and don't require as much maintenance as traditional gas-powered cars. On the cons side, you can't travel as far between refueling, the actual refueling process takes longer than filling a car at a gas station, and upfront costs are sometimes a barrier.

The EV transition can protect the U.S. economy from recessions by reducing our oil use, which in turn reduces the U.S.’ vulnerability to oil price shocks. Most Americans felt the pain of higher oil prices last summer when gasoline prices shot up, hitting a national average price of $5 a gallon.