There are many benefits of using new energy; environmental and economic benefits of using new  energy include: (a) Generating energy that produces no greenhouse gas emissions from fossil fuels and reduces some types of air pollution; (b) Diversifying energy supply and reducing dependence on imported fuels and (c) Creating economic development and jobs in manufacturing, installation, and more.  Thus,  I prefer new energy to traditional energy.

As Tesla's shares have slumped in the red year to date, long-term investors are therefore presented with an opportunity to buy the dips at a level not seen in some time. TSLA’s valuation multiples fell extensively, perhaps enticing investors with a long-term horizon. Further, Tesla has a strong growth profile, with revenue and earnings projected to soar by double-digit percentages in its current year and next. Tesla is a solid long-term investment option at current price levels based on its market leadership, progressively broadening global operations and new product developments that promise to take it to dizzy heights in the coming years. Hence,  perhaps now is the time to buy TSLA in moderation.

The oil market can be quite fragile, with even a slight imbalance between supply and demand often causing it to go haywire. That was abundantly evident in early 2020 as the COVID-19 pandemic sent the sector into a tailspin. However, the opposite is also true: Oil prices can skyrocket when demand improves amid a supply crunch. That was the case in early 2022 when crude prices surged as the economy started recovering from the pandemic and supplies were under pressure following Russia’s invasion of Ukraine.

Because of this dynamic, investors need to be careful when choosing oil stocks. They should focus on companies that can survive rough patches since they’ll be better-positioned to thrive when markets turn healthy again.

I prefer $ConocoPhillips(COP)$  as its benefits from scale and access to some of the lowest-cost oil on earth, which includes significant exposure to the Permian Basin. It bulked up its position in that low-cost, oil-rich region in 2021 by acquiring Concho Resources and Shell’s assets in the area. ConocoPhillips routinely boasts one of the highest credit ratings among E&P companies, backed by a low leverage ratio for the sector and lots of cash. These factors make it one of the safest E&P investments.

@MillionaireTiger