Includes major US listed companies involved in the manufacture and sale of electric vehicles. With growing environmental concerns such as the impacts of climate change, many governments and consumers are prioritizing the use of clean energy and reducing carbon emissions. EVs rely on advanced technologies such as battery storage, charging infrastructure, and autonomous driving. Investing in EV stocks offers exposure to companies in these key technological and sustainable advancements, and helps investors benefit from potential growth opportunities. Many governments are offering incentives for the purchase of EVs, including tax credits and subsidies, to encourage the adoption of cleaner vehicles. This support can create a favorable environment for EV manufacturers and suppliers, potentially leading to higher profits and improved stock market performance.
What Rivian Needs to Do to Become Tesla
Should This Phenomenal Stock Replace Tesla in the "Magnificent Seven"?
The artificial intelligence bubble could be popped! Bank of America sounded the alarm and recommended to pay attention to this indicator
The bank is watching the real yield and credit spreads on 10-year US Treasury bonds to find signs when the AI-led rally will end.
Elon Musk Says SpaceX To Solve In-Space Refueling For Starship By Next Year: 'Necessary To Make Life Multiplanetary'
SpaceX CEO Elon Musk on Friday said that the company is working on solving the refueling of its two-stage launch vehicle Starship in space by the end of next year and advancing technologies that would
Despite Microsoft, Google's 'Spectacular Quarters,' Billionaire 'Bond King' Bill Gross Warns Against Tech, Advocates For Value Stocks
Billionaire investor Bill Gross has advised investors to steer clear of tech stocks despite Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) "spectacular quarters."
Express News | Tesla to lay off 693 workers at Nevada plant