Green Tech Could Crown The World’s First Trillionaire

FN Media Group Presents Oilprice.com Market Commentary

 

New York, NY – February 8, 2021 – Big tech has ignored green tech, but make no mistake: The world’s first trillionaire could well come from the green tech sector. And right now, while the only clear front-runners are Elon Musk–already the world’s richest person–and Bill Gates, the world’s second, the biggest redistribution of capital is probably still coming …  Mentioned in today’s commentary includes:  Microsoft (NASDAQ: MSFT), FuelCell Energy (NASDAQ: FCEL), Plug Power (NASDAQ: PLUG), XPeng Motors (NYSE: XPEV), TESLA (NASDAQ: TSLA).

 

It’s opening up massive new opportunities for the next round of high-profile green-tech entrepreneurs, from Facedrive’s (FD,FDVRF) Sayan Navaratnam and Plug Power’s Andrew J. Marsh to Blink Charging’s Michal D. Farkas and Fisker’s automotive design legend, Henrik Fisker.  Everyone knows it.

 

The New York Times’ veteran tech journalist, Kara Swisher, is 100% certain: “The world’s first trillionaire will be a green-tech entrepreneur. That’s trillionaire. With a ‘T’.”

 

Billionaire VC Chamath Palihapitiya knows it, too. In an interview with CNBC, this former Facebook exec who left to found the Social Capital venture firm, said: “The world’s richest person should be somebody that’s fixing or fighting climate change.”

 

While others are fixated on immediate returns, Palihapitiya is fixated on a lucrative future. And now, two Silicon Valleys–the original and the Canadian “Tech Triangle” that is aiming to compete with California’s version–are preparing to turn North America into the Saudi Arabia of clean energy.

 

Tesla, for one, isn’t just the world’s biggest EV manufacturer; or even the world’s biggest car company right now. It’s a distributed energy company that also makes batteries, solar panels and the Powerwall.  They aren’t just pumping out electric vehicles. “They are figuring out how to harvest energy, how to store it, and then how to use it to allow humans to be productive,” notes Palihapitiya. It’s certainly becoming easier to imagine Elon Musk as the world’s first trillionaire. But the rest of the green-tech energy crew have the financial aspects of climate change on their mind, and this is where investors need to be looking for future returns.

 

So, Tesla isn’t just a car company. Nor is Facedrive (FD,FDVRF) just a carbon-offset ride-hailing platform, even if that was its flagship vertical. It’s a force for change. Nor is PlugPower just another battery company.  It’s developing hydrogen fuel cell systems to replace conventional batteries in equipment and vehicles powered by electricity.  Likewise, BLNK isn’t just another extension cord, so to speak, for electric vehicles. It’s arguably a major EV missing link–and an explosive one. And Facedrive goes beyond this even with multiple verticals potential.

 

Facedrive, one of the most exciting companies to come out of Canada’s rapidly rising “Silicon Valley” pioneered carbon-offset ride-sharing in 2019, when the giants in this segment were busy ignoring climate change and butting heads with local authorities all around the world. It was the first to offer customers the choice of an EV, gas powered or hybrid ride, and now it’s expanding into the United States with plans for Western Europe. But that was just the opening salvo …

 

It’s hit the carbon-offset food delivery segment just as hard, launching with the acquisition of Foodora from one of the world’s most reputable food delivery companies: Delivery Hero. And its most recent acquisition of Washington, D.C.-based Steer gives it a solid presence in the United States … but it’s much bigger than that: Steer is an EV subscription company that plans to disrupt the auto industry in two very important ways. First, it intends to get many more people into EVs by offering them an on-demand virtual showroom of cars. Second, it fully plans to revolutionize the way we view car ownership. How? By getting people into an entire lineup of EVs that are delivered to their door at the swipe of a finger by a super smooth-running concierge app that takes all the hassle out of owning a car, including insurance and maintenance.

 

It’s targeting a massive generation of millennials who are much more likely to support it …A generation that will dictate what happens next with the auto industry, and how it all ties in to climate change.

 

While a global pandemic and a major shift to remote work have lured millennials back into car ownership, don’t expect it to be the same as years gone by. Numerous studies have shown millennials value “access” to a private car over ownership, and they want it on-demand in a process that is as easy as the click of a button. And they overwhelmingly value EVs over conventional cars.

 

That’s why Facedrive (FD,FDVRF) is up over 131% in a month, and over 825% since its launch. That’s also why PLUG is up over 1000% since January 2020. And why BLNK has seen gains of over 2300% in 12 months.

 

These are the innovators of our present …And the green tech millionaires, billionaires and possibly trillionaires of our future. They are the disruptors or understand what is dictating the market. And they understand it from a financial perspective.

 

Even the new King of Wall Street, BlackRock, is convinced that big money is going to the innovators who understand climate change and green tech. The innovators who understand this financially.

 

Big money is already refocusing on companies with real sustainability, says BlackRock CEO Larry Find. And “the tectonic shift we are seeing will accelerate further”.

 

“More and more people do understand that climate risk is investment risk. …When finance really understands a problem, we take that future problem and bring it forward. That’s what we saw in 2020, and what we’re seeing now,” Fink said Tuesday on CNBC’s “Squawk Box.”

 

The Race Is Underway

 

TESLA (NASDAQ:TSLA) is without a doubt one of the hottest stocks on Wall Street. As one of the world’s most exciting -and important- car makers, it has made going green a must in this incredibly competitive industry. Its modern design has become the standard. You would have to go out of your way to not see a Tesla when walking around major cities like San Francisco and Hong Kong.

 

Elon Musk, or Papa Musk as he is lovingly called on Reddit’s Wall Street Bets, had his eye on prize long before the green energy hype started building. In fact, he released the first Tesla Roadster back in 2008, making electric vehicles desirable when people were laughing at first-gen electric vehicles. Since then, Tesla’s stock has skyrocketed by over 14,000%.

 

In addition to producing one of the most desirable electric vehicles on the market, Tesla is ramping up its solar game, as well. Tesla’s Solar Roof project aims to change the way houses function. It replaces traditional roofs with stronger, and arguably more aesthetically pleasing, solar panels that can power your entire home. It also comes in as the lowest-cost-per-watt solar option in the American market.

 

Tesla is leading the charge into a green future, and nothing can stop it. Elon Musk had a brief stint as the world’s richest man, but he could be returning to that position in no time, and perhaps even be the world’s first trillionaire if he plays his cards right.

 

XPeng Motors (NYSE:XPEV) may be fresh on the scene in the Chinese electric vehicle boom, but is looking to follow in its American cousin’s footsteps. Though it only recently went public in the U.S., it’s already taken the market by storm. Riding on the coattails of the success of Tesla and NIO, it has carved out its own demand, especially among the younger generation of traders looking for the next big company to blow.

 

And retail investors aren’t the only ones showing interest in this EV newcomer. Xpeng has also garnered a ton of interest from Big Money. Earlier in 2020 the company raised over half a billion dollars from giants like Aspex, Coatue, Hillhouse Capital and Sequoia Capital China. Recently, Xpeng has even secured another $400 million from heavy hitters such as Alibaba, Qatar Investment Authority and Abu Dhabi’s sovereign wealth fund Mubadala.

 

As the demand for electric vehicles continues to grow, newcomers like Xpeng provide an excellent opportunity for investors to jump on this undeniable trend even if the missed out on Tesla’s meteoric rise to glory.

 

Automakers aren’t the only ones benefitting from the electric vehicle hype, either. Billionaires couldn’t keep their hands off of Plug Power (NASDAQ:PLUG) last year, with giant BlackRock’s Larry Fink piling in heavily, among other heavy hitters. Why? Partly because Plug Power is already providing its hydrogen-powered tech solutions to big-name retailers, but overall, because the green revolution is clearly happening and unfolding as we speak. It helps that Plug’s full-year guidance implies year-on-year sales growth of around 35%, even if profit won’t come for a while.

 

Morgan Stanley’s Stephen Byrd believes green hydrogen will become economically viable quicker than investors appreciate saying Plug Power’s deal with Apex Clean Energy to develop a green hydrogen network using wind power offers a chance to tap into “very low cost” renewable power and helps accelerate the shift to clean energy. Plug has a goal for over 50% of its hydrogen supplies to be generated from renewable resources by 2024.

 

The company has also just announced a partnership with Universal Hydrogen to build a commercially-viable hydrogen fuel cell-based propulsion system designed to power commercial regional aircraft. The initiative will help bring Plug’s proven hydrogen ProGen fuel cell technology to new markets.

 

FuelCell Energy (NASDAQ:FCEL) is another alternative fuel stock that has turned heads on Wall Street. Up over 1200% since February 2020, FuelCell has been one of the biggest winners over the election season, with President Biden campaigning for a carbon-free America.

 

In fact, analysts even estimate the U.S. could spend as much as $1.7 trillion on clean energy initiatives over the next 10 years. And that’s great news for companies like Blink, Plug and FuelCell.

 

Though many expected FuelCell to return to earth in the short-term, it has continued to climb. And its long-term trajectory is solid. It has spent years building a patent moat and developing solutions that will tie into the energy transition perfectly. With more and more money piling into the clean technology industry, FuelCell is well positioned to climb even higher.

 

Microsoft (NASDAQ:MSFT) is going above and beyond in its emissions goals, aiming to be carbon neutral in the next ten years. A feat that will not be an easy task for such a massive technology corporation. Additionally, Microsoft has also pioneered new solutions to aid other companies in curbing their emissions as well.

 

Bill Gates’ tech giant has made numerous investments in clean energy across the globe. From Ohio to the Netherlands, Microsoft is pouring millions into solar and wind projects to not only help reduce its own carbon footprint, but also help neighboring communities do the same.

 

In addition to its investments and green operations, Microsoft is also getting into the auto-game. Microsoft’s Azure cloud-based infrastructure and edge computing is going to be pivotal in this new industry.


By. Felix Williams

 

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

 

Forward-Looking Statements

 

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will be able to expand to the US and globally; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

 

DISCLAIMERS

 

This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:

 

This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

 

SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

 

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

 

RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

 

DISCLAIMER:  OilPrice.com is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein.  The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release.

 

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

 

Contact Information:

Media Contact e-mail:  editor@financialnewsmedia.com  U.S. Phone: +1(954)345-0611

 

SOURCE: Oilprice.com

Sign Up & Get FREE News Alerts From FNM Today!