I agree with that assessment; where I'm more bullish is the actual commodities involved, carbon ion, lithium ion, rare earths, etc.
Volvo is going to be completely EV by 2025. Think about that: in three years one won't be able to buy an internal combustion-powered Volvo. We'll soon see Audi follow suit, BMW, Benz, etc. These manufacturers have to source these raw materials from somewhere, and Nevada is as good a bet as any. Those car manufacturers near term offerings don't factor in the lithium or carbon ion-powered human-transporting 'drones' we'll see in the next ten-twenty years. EV is the future whether we like it or not. Personally I think the tech is simply awesome. Quiet, clean, efficient in most cases.
Some of these small commodity lithium companies will be household names five-ten years from now and their stocks could be $50-200 a share. Right now they are trading in the fractions of a cent/cents in some cases.
Spread $10-20K across the very best penny EV/lithium stocks for a five year investment and hang on for that million+. It's a real possibility.