2 EV Trends Tesla and Rivian Investors Should Understand Now
Shares of both (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) have struggled this year. Since 2024 began, Tesla stock has fallen 8% in value. Rivian shares, meanwhile, are down by roughly 25%.
What has gone wrong? Could this be a rare buying opportunity?
There are a few statistics EV investors must be aware of. The first is that the EV market continues to grow, even if growth rates move around quite a bit. Last year, for instance, EV sales in the U.S. jumped 60%, from 1 million in 2022 to 1.6 million in 2023. To put all this into perspective, in 2016, only 200,000 EVs were sold in the U.S. -- eight times fewer than the number sold annually today.
Source Fool.com
Tesla Inc Aktie
213,60 €
5,56 %
Leichtes Buy-Interesse bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 248 € für Tesla Inc deutet auf ein leicht positives Wachstumspotenzial gegenüber 213.6 € hin.
