Toyota, Subaru, and Mazda Just Sent a Massive Warning to Tesla, Rivian, and Nio Investors
Some investors perceive the electric vehicle revolution as an inevitability and believe that internal combustion engines will eventually go the way of the Dodo bird. That's why many EV stocks trade at higher valuations than traditional carmakers.
But what if they're wrong?
After several years of torrid growth, the electric vehicle industry saw a big slowdown over the past year, prompting questions about whether EVs can really catch on beyond their early adopters.
Source Fool.com
