Recommendations

Recommendations for Tesla


Tesla could indulge itself more in the MENA region and analyze its Energy production and Electrical vehicles market.
We recommend that Tesla starts analyzing the market of the MENA region as its geographical position would benefit Tesla in clean energy production like Solar Energy, Wind Energy and Hydroelectric Energy.
All the following examples are from Egypt.

Solar Energy


Wind Energy


Hydroelectric Energy


Investing in the clean energy production sector is very important it is considered a contemporary global approach by all nations and all multinational companies that have green energy production lines.
According to the "Investopedia" website, there are 10 major green-energy production companies.
Here are 3 of them (Johnston, 2020): 

Orsted A/S (DNNGY)

  • Revenue (TTM): $34.97 billion
  • Net Income (TTM): $15.46 billion
  • Market Cap: $71.2 billion
  • 1-Year Trailing Total Return: 85.62%
  • Exchange: OTC
Orsted (DNNGY) is a Denmark-based multinational power company focused on providing renewable energy solutions. The company's wind power segment develops, constructs, and operates offshore wind farms. Its bioenergy and thermal power segment operate combined heat and power plants. Orsted also distributes and sells power and gas in wholesale and retail markets throughout Denmark, Sweden, Germany, and the U.K.

Iberdrola SA (IBDRY)

  • Revenue (TTM): $34.23 billion
  • Net Income (TTM): $3.57 billion
  • Market Cap: $82.89 billion
  • 1-Year Trailing Total Return: 47.12%
  • Exchange: OTC
Iberdrola (IBDRY) is a Spain-based multinational electric utility company. The company engages in the generation, distribution, and trading of electricity. It specializes in clean energy, including wind, mini-hydro, solar thermal, photovoltaic, and biomass. Iberdrola operates in the U.S., U.K., Spain, Portugal, and Latin America.

JinkoSolar Holding Co. Ltd. (JKS)

  • Revenue (TTM): $33.95 billion
  • Net Income (TTM): $163.1 million
  • Market Cap: $1.33 billion
  • 1-Year Trailing Total Return: 223.33%
  • Exchange: New York Stock Exchange
JinkoSolar (JKS) is a China-based solar power company. It manufactures solar energy products, including silicon ingots and wafers, solar cells, and solar modules. The company also provides solar system integration services. Jinko sells its products to customers in the U.S., Europe, Asia, Africa, and Latin America.

Tesla has the promising potential to be the next world-leading company in green-energy production with its resources and pioneer technology.


Resource:

Johnston, M. (2020, May 19). 10 Biggest Renewable Energy Companies in the World. Investopedia. https://www.investopedia.com/investing/top-alternative-energy-companies/

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