In a new report, Bernstein analyst Mark Newman took a look at the solar, storage and electric vehicles industry following the firm’s global research tour. Newman believes that these three areas provide powerful long-term investment opportunities, but stock picking is extremely important. Bernstein views lithium-ion battery makers as the most likely major long-term beneficiaries of the move away from fossil fuels. The firm names Tesla Motors Inc TSLA as one company that is well positioned in the space.