Cleantech & EV’s

Tesla’s stock (TSLA) is pushing a new all-time high as short sellers, people who bet against it, have lost $38 billion in 2020. That’s more than on any other stock by a wide margin. Tesla (TSLA) Short Sellers Short selling is the process of selling shares of a company by borrowing them with the hope of buying it back lower and pocketing the difference. Along with put options, it’s the most…

In 2019, US annual energy consumption from green energy sources exceeded coal consumption for the first time in 134 years, according to the US Energy Information Administration’s (EIA) Monthly Energy Review. Green energy’s new US record How was this major milestone achieved? Simply put, coal is declining and wind and solar are growing. Coal consumption in the US decreased by nearly 15% in…

Tesla executives are linking the price drops in China throughout the year to supply optimization at Gigafactory Shanghai, which they say is now completed. Now, they linked the price to material costs and say they could increase. Tesla is completing its first full year of production at Gigafactory Shanghai, and it has been a successful one. The automaker managed to ramp up production and lower…

LG has signed a massive agreement to reportedly invest close to $10 billion in Indonesia to make batteries in the country. Indonesia is one of the world’s biggest nickel producers, but it has also recently put a ban on exporting nickel ore in order to encourage the industry to process it locally. The new protectionist move has resulted in high interest to invest in battery production in the…