Tesla, the US based electric car maker is up 81% since the start of 2020.
And an incredible 150% in just a year!
It's not very often you see a $140 billion company grow this rapidly?
Let's take a look at what's behind this astronomic growth?
Three Penny Superstar Stocks Taking on the JSE in 2020
These three stocks are ... ››› more
Electric cars have been the only answer to reducing the world's dependence on oil and reducing carbon emissions.
China specifically has led the charge in electric car sales in an effort to reduce its smog ridden cities.
This has seen electric car sales in China surpass 1 million cars a year.
Expectations are that China alone will sell more than 1.8 million electric cars in 2019 - but t... ››› more
In 1973, Egypt and Syria launched an attack on Israel.
During this war, Israel was supported by its close ally, the US.
In response to US support, the Organisation of Arab Petroleum Exporting Countries (OPEC), who control much of the world's oil market, implemented an oil embargo against the US and its allies.
Consequently, the price of oil soared from $3 a barrel to $12 a barrel.
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Have you noticed how we're becoming more and more reliant on items that run on rechargeable batteries? Think about it… Your laptop, your mobile phone, your tablet… The list is growing. Now electric cars appear to be increasing in popularity, fuelling further demand for rechargeable batteries. Modern batteries use a particular substance. Its price has shot higher over the past decade. Let's tak... ››› more
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