Oil Prices Surge Due to Israel-Iran Conflict

Time is not on our side. Heightened tension in the Middle East has created a huge supply shock to the global oil industry. But I've found a new way to invest in oil right here in the US. It's not a stock, bond, or private company. It's securely located right in the heartland. And you can get in for under $15.

The EV Evolution Goes On With New Developments

Upwallstreet
October 07, 2024

Tesla Inc (NASDAQ:TSLA) is having its Robotaxi Day this week. The ‘We, Robot’ event will be held on October 10th in Hollywood as Tesla booked the massive Warner Bros. Discovery Inc. Studios to unveil its latest model. Considering the impressive venue and the fact that Tesla had delayed this event in order to make some important changes, expectations are high and there are many speculations of what the EV king plans to unveil, the day promises to be "one for the history books".

Optimizing the charging process. 

Yet, the week got kicked off by Nissan Motor Co Ltd (OTC:NSANY) deciding to join Bayerische Motoren Werke Aktiengesellschaft (OTC:BMWYY), Ford Motor (NYSE:F), and Honda Motor Co (NYSE:HMC), or more precisely the trio’s EV integration joint venture. Through its investment, Nissan revealed it will become an equal 25% investor in ChargeScape. BMW and Honda had presented ChargeScape’s software that optimizes charging. Through ChargeScape, BMW, Honda, Ford and now Nissan, will provide bidirectional charging, allowing EVs to send power back to the grid when needed, while optimizing the charging process by coordinating with real-time grid demands. Also, BMW, Ford, Honda and Nissan will be providing financial incentives to EV owners to reduce energy use during peak times. 

Bringing more clean energy to the EV table.

Having already established a reputation for its ‘made-in-the-USA’ hybrid and clean energy solutions for light trucks, Worksport Ltd. (NASDAQ:WKSP) is preparing for a market release of its solar-powered tonneau cover, SOLIS  and the COR portable energy system. This clean energy power duo that promises off-grid power on the go has the potential to propel Worksport’s mid to long-term revenues. Worksport already has an ongoing collaboration with Hyundai who secured access to these groundbreaking accessories. Also, Worksport will be releasing one of the most in-demand tonneau cover models, AL4 premium tonneau Cover, in the fourth quarter, with innovative four-fold design that offers enhanced functionality and ease of the use. By launching three new product lines, Worksport is aiming to strengthen its positioning and expand market reach. In the fourth quarter, Worksport will also be implementing cost-saving measures to enhance margins and lower operational overhead without compromising growth. With these key strategic advances that will undoubtedly accelerate revenue growth and boost margings, Worksport is aiming for cash flow positivity un 2025. 

While Tesla still holds the EV crown, long gone are the days it had the EV throne to itself. Besides already sharing the crown with BYD Company Limited (OTC:BYDDY) on some fronts, both traditional automakers and newcomers are also shaping the EV landscape that is in the making, such as Worksport whose SOLIS and COR off-grid clean power duo promises to revolutionize the pickup experience altogether. 

DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.

This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Continue Reading...

Popular

SEC Showdown: Gary Gensler Defends Crypto Policy While Commissioner Mark Uyeda Calls It 'Disaster' For Assets Like Bitcoin, Ethereum, Dogecoin

In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency’s cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin

Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus Frenzy

China has gone out in full throttle to stimulate its economy and analysts are mostly upbeat about its ramifications.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

Major Banks Suffer Data Breaches: How Safe Is Your Information?

Three of the leading U.S. banks have reported significant data breaches, compromising the personal and account information of hundreds of their customers.

10X More Profitable Than Physical Gold? - Ad

There's a backdoor gold play that could deliver 10 TIMES bigger gains than physical gold. In fact, this single investment has outperformed gold by 10-to-1 over the past 25 years... and FAR outperformed most gold stocks

Eli Lilly's Alzheimer's Drug Raises Hopes but Faces Regulatory Hurdles in Europe

Eli Lilly invests £279M in the UK to boost life sciences, while its Alzheimer's drug, donanemab, faces European regulatory hurdles amid ongoing trials and safety concerns.

Russia's Latest 'Time Bomb' Sparks Fear, But It's Not What You Think

Economist Konstantin Sonin says that the ongoing conflict in Ukraine is setting the stage for a major economic crisis in Russia.

Act by October 22nd: Discover Elon's Mind-Blowing New Invention! - Ad

When you click here you'll discover what Elon Musk's newest invention can do... And how it works... You might think it's straight out of a sci-fi movie. But Elon just conducted a real-life test on a human, and the outcome was astonishing.

House Democrats Urge DEA To Speed Up Cannabis Rescheduling

House Democrats urge the DEA to reschedule cannabis under federal law while hinting at possible future descheduling.

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Georgia election workers settle defamation lawsuit against conservative website

ATLANTA (AP) — Two Georgia election workers have reached a settlement in their against a Missouri-based conservative website that of fraud in the 2020 presidential election, according to a court filing earlier this week.

Profiles in clean energy: Once incarcerated, expert moves students into climate-solution careers

PHILADELPHIA (AP) — Inside a converted warehouse in one of Philadelphia’s poorest neighborhoods, students circle around Jackie Robinson as he quizzes them about a 1980s furnace. Although they'll encounter older equipment like this, the program is cutting edge, aimed at training people to work on homes in ways that address climate change and make clean energy affordable.

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

In Philadelphia, Chinatown activists rally again to stop development. This time, it's a 76ers arena

PHILADELPHIA (AP) — Vivian Chang works on a narrow Philadelphia street that would have been consumed by a Phillies stadium had Chinatown activists not rallied to defeat the plan in the early 2000s. Instead of 40,000 cheering fans, the squeals of young children now fill the playground at Folk Arts-Cultural Treasures Charter School, which opened in 2007.

This Homebuilder Is Slashing Prices In Key Cities Where Prices Soared The Most

In response to changing market conditions in Florida and Texas, leading homebuilder KB Home (NYSE: KBH) has decided to slash home prices in Austin, San Antonio, Orlando, and Jacksonville.

Investor Alert: The Superfuel Critical to the AI Revolution! - Ad

This superfuel could easily be the trade of the next two decades! Prices keep climbing and are projected to do so well into the 2030's as demand intensifies. Uncover the tiny company that could be at the center of it all.

Cathie Wood's Ark Invest Dumps Palantir Shares Amidst S&P 500 Inclusion And Extended AI Alliance

Cathie Wood's Ark Invest sold shares of Palantir on the day the company was included in the &P500. The sale came also as Palantir announced a multi million dollar extension of its deal with APA Corp on Sept. 25, 2024.

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Ports seek order to force dockworkers to bargaining table as strike looms at East and Gulf ports

DETROIT (AP) — With a , the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen's union come to the bargaining table to negotiate a new contract.

You're About to Lose the Majority of Your Wealth - Ad

Whether you want to admit it or not... America is headed over the cliff. That's why I put this presentation together at great personal risk. Because starting on Nov. 5th you could lose everything you're entitled to as an American, including the majority of your wealth.

Anthony Scaramucci Foresees Harris Win: 'Stay Calm, Let's Keep Working'

Anthony Scaramucci, former White House Director of Communications, has expressed his belief that Vice President Kamala Harris will win the upcoming election.

Tips for shopping for Medicare Advantage plans

Shopping season for Medicare coverage is about to begin. With it comes the annual onslaught of TV ads and choices to consider.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Amazon Shutters 3 More Cashierless Go Stores In New York: Report

Amazon has closed three more Go stores in New York, reducing the total number to 17 nationwide, as part of its ongoing shift away from its cashierless convenience store model featuring "Just Walk Out" technology.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

SpaceX launches rescue mission for 2 NASA astronauts who are stuck in space until next year

CAPE CANAVERAL, Fla. (AP) — SpaceX for the two stuck astronauts at the International Space Station on Saturday, sending up a downsized crew to bring them home but not until next year.

Indonesia arrests a suspect wanted by China for running a $14 billion investment scam

JAKARTA, Indonesia (AP) — Indonesia's immigration officers on the tourist island of Bali have arrested a Chinese suspect sought by Beijing for helping run over $14 billion investment scam to clients in China, officials said Thursday.

Wall St. Icon: Looming Financial Tsunami Will Wipe Out the 1% - Ad

Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."

2024 -- The Real Election Year Surprise - Ad

In 2016, the October Election Surprise was Hillary Clinton's email scandal... In 2020, the October Election Surprise was the suppression of all the dirty material on Hunter Biden's "forgotten" laptop... Now, in 2024, we're forecasting an October Election Surprise that almost no one sees coming -- and this time it'll be way more devastating than anything you've seen before.

AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant's remaining ties to the entertainment industry.

Murder trial of tech consultant in death of Cash App founder Bob Lee begins

SAN FRANCISCO (AP) — The murder of a tech consultant in the stabbing death of Cash App founder Bob Lee begins Monday, a year and a half after the widely admired entrepreneur was found staggering on a deserted downtown San Francisco street seeking help.

Worker Strikes: Are You Prepared for What's Coming? - Ad

The rapid advancement of artificial intelligence and automation is reshaping industries and posing threats to jobs, pushing America's financial system to its limits. The recent Longshoremen's Strike is just one example; we've also seen Hollywood actors and voice performers strike over AI-related concerns, reflecting a much larger crisis on the horizon.

Authorities are investigating after a Frontier Airlines plane lands with fire in one engine

LAS VEGAS (AP) — Federal authorities said Sunday that they are investigating the emergency landing of a Frontier Airlines plane in Las Vegas.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service