Electric Vehicles: Stock Picks to Profit from the Revolution

Over the next decade, battery vehicles will be able to cover longer distances, and take less time to charge, eventually closing the gap on petrol-powered cars

Lex Hall 9 November, 2018 | 2:20PM

Tesla car image

Electric vehicle pioneer Tesla (TSLA) received somewhat of a turbocharge earlier this month when the International Panel on Climate Change (IPCC) announced the faster adoption of EVs and hybrid cars was crucial to curbing the effects of global warming.

Global emissions must fall 45% from 2010 levels by 2030 or we’re in trouble, the IPCC warned. For Elon Musk, Tesla’s eccentric founder, the news must have provided even more relief than the emissions coming from joint he was seen smoking on public radio in the weeks before.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Albemarle Corp88.70 USD-1.05
Bayerische Motoren Werke AG ADR23.49 USD-1.26
BorgWarner Inc34.34 USD0.56
Edison International77.12 USD-0.03
General Motors Co34.41 USD-1.01
Tesla Inc858.40 USD7.30

About Author

Lex Hall

Lex Hall  is Content Editor for Morningstar Australia

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