1 No-Brainer Electric Vehicle (EV) Stock to Buy Right Now
Every investor wants to find the next Tesla (NASDAQ: TSLA). That's easier said than done. Since going public, Tesla's share price has increased by more than 27,000%. The business is currently worth more than $1 trillion, and patient investors who have held on through the volatility have made a fortune. But while Tesla shares were soaring, many more EV makers went bankrupt, including once-promising companies like Fisker Inc. and Lordstown Motors. If you want to find the next Tesla, you'll need to find an EV stock with certain characteristics. Right now, one electric car company is showing all the right signs.In August of 2006, Elon Musk laid out his "Master Plan" for Tesla's long-term growth. "As you know, the initial product of Tesla Motors is a high-performance electric sports car called the Tesla Roadster," Musk explained in his letter. "However, some readers may not be aware of the fact that our long-term plan is to build a wide range of models, including affordably priced family cars." Continue reading
Every investor wants to find the next Tesla (NASDAQ: TSLA). That's easier said than done. Since going public, Tesla's share price has increased by more than 27,000%. The business is currently worth more than $1 trillion, and patient investors who have held on through the volatility have made a fortune. But while Tesla shares were soaring, many more EV makers went bankrupt, including once-promising companies like Fisker Inc. and Lordstown Motors.
If you want to find the next Tesla, you'll need to find an EV stock with certain characteristics. Right now, one electric car company is showing all the right signs.
In August of 2006, Elon Musk laid out his "Master Plan" for Tesla's long-term growth. "As you know, the initial product of Tesla Motors is a high-performance electric sports car called the Tesla Roadster," Musk explained in his letter. "However, some readers may not be aware of the fact that our long-term plan is to build a wide range of models, including affordably priced family cars."
