Shares of Tesla were rallying overnight, up more than 2 per cent, after a report said the electric-car maker was planning to build a factory in China that could produce 500,000 vehicles a year. That would double Tesla’s production and likley bring new opportunities for ASX-listed battery metals producers.
After several years of oversupply, the oil and gas industry could very well be moving headlong into a supply crunch. This may seem hard to imagine, given the ramping up of U.S. oil production and the burgeoning sense of optimism that is sweeping the sector.
Wind energy has surpassed hydropower as the biggest source of renewable electricity in the United States following the sector’s second-biggest quarter