TSLA - Electric Vehicles: Fruitless Search For An Impossible Dream?

Automotive and utility stocks are not the best place to put your money

Most auto companies and utilities are investing substantial capital in the development of electric vehicles and the electric grid structure to support them. These investments are certainly trendy, but they are not financially sound for the long haul, because they rely on government and societal investment that is extremely unlikely. Both auto companies and utilities will be difficult investments over the next decade, with a clear path unlikely to emerge. This will translate into sluggish growth and reduced profitability.

The cost constraints