Ok this weekend id like go green for the weekend .
How has it been the climate emergency for investing ?
Done a trade like this ?
Are we on the cusp of the revolution ending because demand is just not there or the lip service given to it is just another reason for politician's to blow hot air out meaningless and hand out money for votes .
Ive invested over time in different new say green tech ethical investing and they have gone wrong . Perhaps you have investment's that have made it now where you do get a return rather than a speculative blip .
Would you buy an electric car ?
What stopping you making a green investment .
Don't believe in climate change ?
I don't believe in it but i do believe we have global pollution .
The ongoing deceleration in demand for electric vehicles is an early warning signal of a shakeout in the nascent industry, according to Wharton management professor John Paul MacDuffie, who is also director of Wharton’s Program on Vehicle and Mobility Innovation. EV leader Tesla is laying off more than a tenth of its global workforce, and other manufacturers like Lucid and Rivian have reported losses. Government subsidies have helped cushion those impacts, and more support by way of higher tariffs on imported EVs is on the way.
As a consequence, companies like Tesla and Rivian have had to rely on the public capital markets to finance those investments, but that has made them particularly sensitive to the expectations of equity investors, MacDuffie noted. “Investors and everyone watching the stock market are hanging on every announcement about your sales. Anytime you don’t meet a sales projection, the stock tanks.” Not surprisingly, the drop in demand for EVs has hurt the stock prices of Tesla, Rivian and Nio. https://knowledge.wharton.upenn.edu...vehicle makers,also cross-subsidize their EVs.
If battery sales are going down minerals etc in the supply chain will go down also one would expect .
I don't know ?
Ive followed the green ethical investing etc an all i see is prices going up not coming down .
Is it really a climate emergency or just one foot on the decelerator and another on the accelerator for an audience to follow while selling just another product to the consumer ?
Ive never driven an electric car but been in and was impressed . Ive been in a hybrid and was impressed never driven one .
Would i buy one or think of buying one .
Well yes im actually looking at how green investments are going and what would make me buy something more expensive maybe with the risk involved in it an what would make me change to be able convince my partner we need make a purchase when nothing is wrong with our old cars .
Anyway if you have time and where i started thinking about how bad ive done in investing in the new climate emergency etc
There maybe companies that will make it .
Id invite you to listen to a hippy an old fart a couple of people who work for car manufacturer in what its about maybe the future and what's happening now to have you thinking about for going green for the weekend topic .
