If You Like Tesla, Then You Will Love These 2 Beaten-Down EV Stocks
Extending the rally that resulted in a gain of more than 24% last year, the S 500 is off to a strong start for 2024, thanks to the prospect of lower interest rates and encouraging economic data.
But many electric vehicle (EV) stocks have driven in the opposite direction. Tesla (NASDAQ: TSLA), Rivian (NASDAQ: RIVN), and Lucid (NASDAQ: LCID), for example, are three EV stocks that have faced a rocky road in the early days of 2024. Despite their poor performances, though, there are valid reasons to believe that they can all accelerate higher in the months -- and years -- to come.
Image source: Getty Images.
Source Fool.com
Tesla Inc Aktie
190,74 €
-0,69 %
Tesla Inc sticht etwas positiv hervor mit 76 Buy- und 28 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Tesla Inc von 248 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 190.74 €.
