4th Richest Man Believes This Will Produce 8-10 Teslas

Bill Gates stunned a group of viewers at a virtual summit recently with his insane prediction.

“There will be eight Teslas, ten Teslas. And only one of them is well known today.”

He was talking about an industry that is “like the early days of software and computing.”

But you’ll probably be surprised at the industry he was referring to — it’s not cars or robotics or medicine.

Gates was talking about green energy.

It’s an industry that has our team of analysts incredibly excited. In fact, they even recommended Tesla back in November 2012, up 7,223% since then. And they have three companies they’re eyeing now… but more on that in a bit.

Tesla has made Elon Musk the world’s richest man, three times richer than legendary investor Warren Buffett. And even Buffett is on board with this new wave of green energy, having recently invested in solar farms.

But for the world’s richest men, this isn’t just about doing good. While 8 out of 10 young investors now prioritize conscious and impactful investing, we believe the real motive behind the green energy play is money — a lot of it.

Countries and trading blocks around the world, such as China, India, the U.S., the E.U., and more, pledge hundreds of billions toward clean energy each year. In November, an international coalition of more than 450 private financial institutions pledged $130 trillion to convert the global economy to clean energy.

Over 80% of all new electricity capacity added in 2020 was renewable — with solar and wind making up 91% of this.

The more interesting part for investors?

That growth is only expected to speed up. To meet U.S. government solar goals, the nation must double the amount of solar energy installed each year for the next four years… and then double it again by 2030.

There is a unified global push toward a massive new industry, and we expect many investors to benefit from these forward-thinking investments.

But like the early days of software and computing, for every winner there will be many busts. Gates himself has warned, “We will have a high failure rate.” This makes it even more important to vet companies and know where to look.

Our award-winning team of analysts at Stock Advisor have combed through and identified three companies that are already entrenched in renewable energy, with a lot of room to continue growing.

One of the companies they’ve ID’d is completely unexpected (it may shock readers) as it’s known more as a company that creates pollution, rather than cleans it up — and yet we believe it is poised to be a big player in developing hydrogen technology.

We have all the details on this company and two others in our new Renewable Energy Report, available for free to members of Stock Advisor. And with our 30-day membership-fee-back guarantee, there’s practically no risk to you!