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2015/10/18

The END for the Electric Car Industry?

Energy & Resources Digest
 
Sunday, October 18, 2015

The END for the Electric Car Industry?


 
editor headshot
I bet electric cars could disappear tomorrow and no one would notice on their daily drives.
 
Take Tesla - it's been propped up by $2.3 billion in subsidies, including...
 
  • Tax incentives for its Nevada Gigafactory
     
  • Income tax credits for U.S. buyers
     
  • Discounted Department of Energy loans
     
  • And more...
And according to Morgan Stanley, half a billion dollars in "earnings" every year come from tax credits.
 
But the end could be near for the whole industry. Something apocalyptic is coming.
 
It's an astonishing "old energy" company in the Louisiana Bayou.
 
It's developed a miracle of science... a catalyst that could produce profitable gasoline for $0.58 A GALLON.
 
It is already making tens of millions on just one plant in a little-known overseas nation...
 
It is simply aiming to install the technology here.
 
This could be the end of electric cars...
 
One Pulitzer Prize-winning reporter called this "one of the most improbable and important American business stories of the past decade."
 
But the time for investors to get in on this is now... before it pumps its first U.S. gallon.
 
Get this story now... (Before it becomes front-page news.)
 
Good investing,
 
Andrew


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