Flashback to Cathie Wood in 2020: “I believe that Oil prices are on their way back to $12, now that EV’s are taking off”


Oil demand probably hit a secular peak last year and, thanks to #EV's, now is in secular “decline”.

From her tweet on 2020 07-15 (not sure I can post tweets on here? I'll do it on reply)

“EV's” was the biggest sham in 2020-2021. Yes they are coming, no oil will be never be taken over when disaster strikes as we are seeing unfold or demand is high.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *