I take side on new energy. New energy will continue to rise in the upcoming decade, edging out fossil fuels and reducing greenhouse gas emissions. Technologies such as solar and wind are at the heart of transformations taking place across the global energy system. Their increasing deployment is crucial for efforts to tackle greenhouse gas emissions, reduce air pollution, and expand energy access.
The world is doubling down on EV adoption with government subsidies, policy changes and infrastructure buildup. And $Tesla Motors(TSLA)$ has gradually established itself as a leader in the e-mobility space. This should be the perfect backdrop for solid growth into the foreseeable future.
Tesla's strong business performance during a challenging environment highlights the automaker's momentum and the powerful secular demand tailwinds for fully electric vehicles. However, investors who decide they want to buy shares of Tesla stock should consider doing so in moderation.
Oil stocks can produce significant capital gains from share price appreciation and attractive dividend income during periods of high oil and gas prices. However, oil stocks are riskier than other stock market sectors because the industry has several additional risk factors such as cyclicality, uncertainty, volatility. Hence, we should always do our own due diligent before investing in them.
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