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re: Shell oil reports record profit

Posted on 5/6/22 at 10:21 pm to
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
10979 posts
Posted on 5/6/22 at 10:21 pm to
TSLA is on the wane, they hit the high mark a little while ago at $1400 and now are down to $850. A lot of competition coming now with other companies getting into the EV game.

Too bad SpaceX isn’t public that would be a hell of an investment.

EVs in general will be a niche for the next couple of decades despite the govt subsidies trying hard propping them up and all the virtue signaling customers.

The electric grid can’t handle any massive scaling without going nuclear and lithium supply chain issues and mining damaging the earth are limiting factors.

Eventually I think hydrogen has more potential whenever they get serious about scaling O&G alternatives.

This post was edited on 5/6/22 at 10:23 pm
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