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Price War Makes EV Stocks a Lot Less Attractive

TheMotleyFool

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Price War Makes EV Stocks a Lot Less Attractive: https://g.foolcdn.com/editorial/images/736352/home-solar-and-ev-charging.jpg

There's a price war taking place in electric vehicles, and while it will hurt the pricing power for legacy automakers, EV companies are actually feeling the pain. Travis Hoium highlights how much (NASDAQ: TSLA) and others will feel the impact of cutting prices.

*Stock prices used were end-of-day prices of June 13, 2023. The video was published on June 14, 2023.

Source Fool.com

Tesla Inc Stock

Tesla Inc shows a slight decrease today, losing -€1.050 (-0.520%) compared to yesterday.
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 €.

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