RE:RE:All aboardWith the Biden administration aggressively pursuing green energy alternatives to fossil fuels, and oil supply lagging behind demand, which is only going to worsen, I'm betting on oil and gas stocks with consistent cash-flow and profits, and many of which pay dividends.
I'd rather invest in something I know will appreciate due to fundamentals than a speculative investment. Biden is commited to increasing EVs, but has anyone found anything that verifies that GWT's EVs meet the built in America requirements?
BYD's batteries are made in China. I didn't know, but Buffett owns a 25% stake in that company. I wish I had been following him more closely, BYD is a global leader in EVs.
There's a recent youtube analysis on GWT, and he's the first grounded individual who takes a look at the fundamentals. As many have pointed out, he too notes that after the delivery of the order due in the 2nd quarter order, what then? Will the manufacturing facility be completed on time? What then? I'd like to see how well they compare in price against Proterra and BYD, which have received far more CDN orders than GWT.