For those who believe in the battery revolution, I own REMX and LIT ETFs, and a few rare earth metals companies. The projections of the battery revolution outstrips the known supply of the battery components. . . The next issue is that the electric generation increases are needed for this conversion . . . which is counter to the green energy revolution as green energy is great but doesn't scale well, and as seen out West and in Germany, can run out of supply. . .
Governments have mandated increased ICE efficiencies, but at the current time, after 100 years, the gas powered engine is at its max efficiency, evidenced by cheating on government tests. . . as they can't get there legally.
Battery weight is heavy, which requires a very light weight construction, and the recycling of batteries is unknown. . . an ICE car at death can be almost completely melted and recycled to a new model. . . with very little chemical residual. . . Current lithium batteries, needs more R&D, and then build some plants, at scale, disposal is unknown for environmental issues.
Just remember, Musk doesn't build and sell Teslas as a car company, but as a way to sell green energy credits. Your tesla will be all good until its not, and when its not, its really, really not. That may never happen, but it happens more often than ICE cars.
So you might be persuaded to buy into a new technology, but the products might not be as totally earth friendly and overall green as one currently believes in the marketing. . . your choice, hopefully, there won't be significant issues at scale. . .
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