The latest thing in the stock market is save the planet stocks. Or as I state loser companies that don’t make any money and probably won’t make a profit in the near future and probably never will.
I’m thinking in the terms of companies such as Beyond Meat, which is like eating processed garbage but if you hate cow farts this company is a for you. I have to put Tesla into this category, people are impressed with an all electric car no matter how unsafe it is. There are other car makers that make electric cars but Tesla was the first in modern era so one must delude oneself and buy stock in a company that will never be truly profitable. Oh by the way electric cars were in the good old USA in the early 1900s. No Tesla wasn’t the first.
So all yea who want to buy stocks in eco friendly company that go against the grain of normal smart investing, and buy what you perceive as fell good stories, be my guest, that’s what this country is all about.
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