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I like things that go boom. Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered and continue to cover everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.
What happened
Two days after the stimulus package news broke, renewable energy stocks are still on a tear. As of 11:45 a.m. EST Wednesday, shares of
The Trillion Dollar Tech Boom Being Fueled By Electric Vehicle Hype
By now, you probably already know that electric vehicles were one of the hottest markets, if not the single hottest market in 2020. You might also already know that Tesla soared 592%, and that its Chinese counterparts NIO, Xpeng, and Li Automobile soared 1411%, 105%, and 106% respectively. But what you may not yet know is that there’s another opportunity emerging in EV markets. Some of the biggest opportunities in the exploding EV space aren’t to be found only in stocks of EV makers, instead, they could be made in companies that are setting up the entire ecosystem that supports the entire industry.
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How Electric Vehicle Hype Created A Brand New Trillion Dollar Market By Frank Fischer - Dec 22, 2020, 7:00 AM CST
By now, you probably already know that electric vehicles were one of the hottest markets, if not the single hottest market in 2020.
You might also already know that Tesla soared 592%, and that its Chinese counterparts NIO, Xpeng, and Li Automobile soared 1411%, 105%, and 106% respectively
But what you may not yet know is that there’s another opportunity emerging in EV markets.
Some of the biggest opportunities in the exploding EV space aren’t to be found only in stocks of EV makers, instead, they could be made in companies that are setting up the entire ecosystem that supports the entire industry.
The Trillion Dollar Tech Boom Being Fueled By Electric Vehicle Hype marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.