Forget Tesla: 1 EV Stock That Could Make You Rich
Investors often dream about finding the next game-changing company. Of course, finding a game-changing company set to revolutionize an industry is far easier said than done. Remember back when changed the game by essentially introducing a sports car that was battery electric powered? And Tesla did so at a time ditching fossil fuels seemed daunting -- and that's putting it lightly. Those high-flying and wild days might be behind Tesla, although its story has plenty of room to run yet, but one company might be about to enter game-changing territory.
"If QuantumScape can get this technology into mass production, it holds the potential to transform the industry," said Stan Whittingham, co-inventor of the lithium-ion battery and winner of the 2019 Nobel Prize in chemistry, in a QuantumScape press release.
QuantumScape's (NYSE: QS) battery technology could be groundbreaking. At a time when electric vehicles (EVs) are positioning themselves for mass adoption, the company could be a lucrative long-term investment. Move over Tesla; QuantumScape could be the next stock to make investors rich.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 73 Buy predictions and 29 Sell predictions.
As a result the target price of 245 € shows a positive potential of 21.08% compared to the current price of 202.35 € for Tesla Inc.
