I recently wrote an article on Moneycontrol on Tesla and the impact on Oil which I am happy to share with all fellow Happionaires here!
Imagine a future where
all cars run on electricity. You never need to re-fuel because you simply have
solar cells on the roof of your car which get charged every time the sun
shines. In addition to this there are no toxic emissions and life is wonderful.
I believe this is
certainly going to happen and Tesla's Model 3 is a planting a seed in that
direction. The company got orders of a whopping $ 10 billion in barely 36
hours.
This is a first in the
history of automobiles and this is a sign things are moving in the right
direction.
Soon electric cars
will become cheaper and running them will be free. Electricity rates will
continue falling as solar technology improves and eventually there will be a
world with infinite energy and power which is free and non-polluting.
We will have
factories, industries and homes that will all be powered by the sun. And when
such a thing happens, the demand for oil will be over.
We are already in a
world where the supply for oil is much more than the demand - and this is
happening even though solar technologies are not being used on a day-to-day
basis by most people.
Tesla and other
automobile companies like Mahindra that has invested in the Reva electric car
will surely benefit in the future. Other car manufacturers will also surely
have to move in the direction of electric and then link it up to solar energy
if they want to compete.
It is because of this
reality countries like Saudi Arabia and UAE want to diversify away from Oil and
are looking to invest trillions of dollars of their sovereign wealth funds in
other sectors.
Today I think it makes
incredible sense and logic to invest and work towards a future where energy is
free and is in sync with nature. Look at a simple plant that absorbs the suns
energy so beautifully. The scientists of the future will take inspiration from
this and build and create things that are in perfect harmony with nature.
Today oil exploration
companies and any service related to the oil sector are starting to look more
and more risky as new technology emerges. People are becoming aware of the
risks of dirty oil and are starting to value and respect mother nature. As individuals, investors and Happionaires, we
need to start looking at what new opportunities will be created and benefit
from those.
Will we in India for
example suddenly have the opportunity to save the energy from the sun in
batteries and export it to colder parts of Europe and to the Arctic? Or will there
be new services needed to make sure solar cells are kept clean and in working
condition? Or maybe land prices in barren desserts will shoot up because of the
demand for laying out solar cells?
Once we start asking
these questions we will get incredible new opportunities.
Keep smiling and
learning!
Yogesh Chabria
2 comments:
Superb vision fir a world whrre mother nature is loved.
Reena
Possible.. A lot of African and MiddleEast countries can harvest the "Sun Crop on roof top" too and lead the export to colder countries. However the technology to store and transport is perhaps not yet there ?
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