New York, NY – January 21, 2021 – The world’s first trillionaire will be a green-tech entrepreneur. New York Times veteran tech journalist Kara Swisher boldly declared this a year ago–right before the outbreak of a pandemic that would hasten our transition to clean energy … and that would exponentially increase the mountains of money piling into stocks that are in any way tied to a cleaner, better future. Mentioned in today’s commentary includes:
Fisker Inc. (NYSE: FSR),
XPeng Inc. (NYSE: XPEV),
Workhorse Group Inc. (NASDAQ: WKHS).
Governments the world over are pushing a green industrial revolution … and even giant oil traders are scrambling to pour billions of dollars into renewables in what the
Enphase Energy (NASDAQ:ENPH) all soared in 2020.
Enphase took advantage of the solar boom as the oil industry took a major hit and multiple governments moved to reduce emissions.
Tesla saw its stock explode as the electric vehicle movements captured the imagination of a new generation.
Facedrive, perhaps the most exciting of all, found itself at the crossroads of multiple different ESG trends just as the biggest investors in the world searched desperately for a sustainable investment.
This Canadian disruptor with a $1.5 billion market cap entered one of the most exciting upcoming sectors of 2020 with its
acquisition of Washington, DC-based Steer a high-end EV subscription service that plans to transform the way we think about car ownership altogether.
The $120 Trillion Investment Trend Transforming Wall Street
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LONDON, Jan. 7, 2021 /PRNewswire/ Investing will never be the same again. The $120 trillion sustainability trend has left no sector untouched, and it is fueling one of the biggest transfers in capital the world has ever seen. Mentioned in today s commentary includes:
Enphase Energy, Inc. (NASDAQ: ENPH),
NextEra Energy, Inc. (NYSE: NEE),
TOTAL SE (NYSE: TOT),
NVIDIA Corporation (NASDAQ: NVDA),
Apple Inc. (NASDAQ: AAPL).
Blackrock, the world s largest asset manager with $7 trillion under management, has already said that its clients are looking to double their ESG investment in the next 5 years. And that is only the beginning.
Investing will never be the same again.
The $120 trillion sustainability trend has left no sector untouched, and it is fueling one of the biggest transfers in capital the world has ever seen.
Blackrock, the world’s largest asset manager with $7 trillion under management, has already said that its clients are looking to double their ESG investment in the next 5 years.
And that is only the beginning.
Within a year, 77% of institutional investors have said they will stop investing in companies that aren’t considered sustainable.
Climate change is being listed as the single biggest concern for money managers around the globe.
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.