Can Tesla Lead EV Stocks Higher in 2022?
2021 was a strong year for the stock market, and investors hope that 2022 can provide a repeat performance and give them double-digit returns once again. On the first trading day of the year, the Nasdaq Composite (NASDAQINDEX: ^IXIC) seemed ready to keep up its momentum, with futures contracts on the index rising three-quarters of a percent as of 7:15 a.m. ET.
Tesla (NASDAQ: TSLA) put in another amazing performance in 2021, with its stock adding another 50% for the year. The growth of its electric vehicle (EV) business has been stellar, and over the weekend, Tesla reported impressive delivery numbers that complemented the numbers from its Chinese competitors quite well.
Image source: Tesla.
Source Fool.com
