EV-related green energy investing is getting a fresh catalyst after Tesla’s 2024 Q1 deliveries beat expectations, pushing battery metal miners up 5–7% across the board. Investors anticipate sustained demand for nickel and cobalt well into next year. "Pulling out the rug from under these critical investments will do nothing to lower energy bills." Some companies, such as BP and Equinor, have previously even gone so far as rebranding themselves and acquiring clean energy businesses. But those efforts have also been criticized as “ greenwashing ,” taking actions for public relations value rather than real results. The Nasdaq Clean Edge Green Energy Index has climbed 7.1% YTD, driven by strong earnings from solar panel manufacturers. Sector analysts suggest that green energy investing will benefit from supply chain stabilization, particularly in high-efficiency photovoltaic cells.
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