The next tesla stock

EV stocks have the next tesla stock struggling thanks in large part to high interest rates. However, while Tesla is struggling, there are other EV stocks you may not want to ignore at the moment. That includes:. Just in January, the company delivered 31, EVswhich is a

Now investors have all but thrown in the towel on the shares. All it took was a fresh dose of reality from the two companies this week around cooling demand for EVs. Rivian, which makes electric pickups, SUVs and delivery vans and counts Amazon. It also announced plans to shrink its workforce again. For investors, the sense of gloom has been building since October , when Tesla Inc. Read more: Apple buying Rivian? Nissan with Fisker?

The next tesla stock

EV stocks have been struggling thanks in large part to high interest rates. However, while Tesla is struggling, there are other EV stocks you may not want to ignore at the moment. That includes:. Just in January, the company delivered 31, EVs , which is a Cumulative deliveries of LI vehicles are also up to , at the close of January, with a good deal of upside remaining. The company expects to expand in three new markets across Europe this year. As noted by Electrek. Helping, the company sold about 3. The company sold , fully electric vehicles in Q4, with EV and hybrid sales totaling , in December, including , all-electric cars, driven by aggressive end-of-year discounting. The company is also looking to open a plant in Mexico as part of its global push.

Most Popular. The company expects to expand in three new markets across Europe this year. This Week in Flyers.

Long term, I think investors with large unrealized capital gains in Tesla TSLA should continue to hold the stock, simply because prospects for the company are still bright, as it revolutionizes not only the automobile industry but also the energy industry. And how do you identify that stock? Despite such rampant growth, BYD stock trades at a reasonable 20 times forward earnings estimates, with a price to sales ratio of 1. But eventually — it will come. So it makes sense to take a flyer on that kind of growth at such depressed levels. The return on this one might be pretty mild in a year.

By that, I mean earning a million dollars by investing in electric vehicles. Just invest in a basket of mega-cap electric vehicle EV companies and wait long enough for compound interest to take over. So, where can we find these Moonshots? Fortunately, the electric vehicle craze spawned a plethora of both great and terrible Moonshot bets. And with some luck, the next millionaire-makers might be hiding among the tiny startups of the electric vehicle world. Oil hit a six-year high this week, a fact American motorists undoubtedly experienced at the pump last weekend. And that means incredible growth potential. If America starts tracking the rest of the world in EV adoption, demand could triple in three years. Even Tesla itself looked questionable in the early s. Some early models could only travel miles before needing an overnight charge.

The next tesla stock

Tesla has been a clear leader in the space but has operated mainly without competition. However, in the past few years, we have seen multiple EV stocks emerge, which have the potential to perform better than the EV pioneer. The Nasdaq is languishing in the bear-market territory, and most of the tech and growth names over the past several years have been hit incredibly hard. EV stocks seem to be no exception, as the entire sector has lagged, and investors have rotated out of growth names into value stocks. Nevertheless, the EV market is expected to grow at an incredible

Lol surprise ball

Plus, it has plans to build a plant in Brazil and is now selling EVs in Indonesia. Chat with us. Rivian, which makes electric pickups, SUVs and delivery vans and counts Amazon. It also announced plans to shrink its workforce again. The stock is NOT loved by most investors today. There was an error, please provide a valid email address. Read more: Apple buying Rivian? The company sold , fully electric vehicles in Q4, with EV and hybrid sales totaling , in December, including , all-electric cars, driven by aggressive end-of-year discounting. This website uses cookies to personalize your content including ads , and allows us to analyze our traffic. Silver Log in. Helping, the company sold about 3. The company sold , fully electric vehicles in Q4, with EV and hybrid sales totaling , in December, including , all-electric cars, driven by aggressive end-of-year discounting.

Long term, I think investors with large unrealized capital gains in Tesla TSLA should continue to hold the stock, simply because prospects for the company are still bright, as it revolutionizes not only the automobile industry but also the energy industry. And how do you identify that stock?

BY Esha Day and Bloomberg. That includes:. The next issue of Investor will soon be in your inbox. All it took was a fresh dose of reality from the two companies last week around cooling demand for EVs. And the less it is loved, the better! We encountered an issue signing you up. The company has the potential to make a large profit in the process. It also announced plans to shrink its workforce again. Advertisement 1. Just in January, the company delivered 31, EVs , which is a It opened plants in Thailand and announced plans to build a production facility in Hungary. And how do you identify that stock? EV stocks have been struggling thanks in large part to high interest rates. However, while Tesla is struggling, there are other EV stocks you may not want to ignore at the moment.