This EV Stock Could Be Supercharged for 2024. Hint: It's Not Tesla.
When it comes to electric vehicles (EVs), companies such as or Rivian Automotive probably come to mind.
The advent of EVs was a major breakthrough for the sustainability movement. But as these new vehicles begin to gain traction, one concern seems to linger.
EVs present an interesting alternative to traditional motor vehicles, but one of the biggest drawbacks of going fully electric revolves around the batteries in these cars. Range for EVs is a major complaint among prospective buyers, followed by a lack of charging stations depending on your location.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 70 Buy predictions and 27 Sell predictions.
As a result the target price of 247 € shows a slightly positive potential of 11.24% compared to the current price of 222.05 € for Tesla Inc.