Are Ford's Lightning Layoffs an Opportunity for Rivian, or a Warning Sign?
Investors are betting big on EV stocks.
The sector has attracted a ton of attention since Tesla (NASDAQ: TSLA) skyrocketed in 2020 as the company turned profitable and traditional automakers turned their attention to electric vehicles.
Most of the industry now seems to accept that electric vehicles will eventually displace combustion-powered ones, and that's made pure-play EV stocks like Rivian (NASDAQ: RIVN) and Lucid Motors popular as well, though both stocks are down substantially from their earlier peaks.
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Our community is currently high on Tesla Inc with 73 Buy predictions and 28 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
