Is Now the Time to Buy Electric Vehicle Stocks?
The electric vehicle market has been hammered over the past six months as the market has sold off growth and high-risk stocks. But at the same time, we're seeing electric vehicle companies show growth and strong demand as they ramp up capacity.
Could the dip in the market be a good time to jump into electric vehicle stocks? I think now is the time to reassess a lot of the hot stocks from 2021, like Rivian (NASDAQ: RIVN), General Motors (NYSE: GM), and Proterra (NASDAQ: PTRA).
Source Fool.com