The looming electric car revolution creates a world of investment opportunities. Some of them, such as the car maker Tesla, are about as stress-free as turning on its self-driving software and taking your hands off the wheel: not very.
Shares in Elon Musk’s company slumped last month on the dawning realisation that its huge cash burn and patchy manufacturing record might be unsustainable.
Other opportunities bear slightly less risk. Behind this wave of electric cars is an infrastructure backbone that is clearly not up to the job. National Grid is trying to position itself as the solution, but I’m not sure this former nationalised behemoth is the answer.
One possible entry point is an AIM minnow, Fulcrum Utility Services, which works in the unsexy world