Running on Empty: 3 EV Stocks to Steer Clear of in 2024

The Electric Vehicle industry is slowing down due to several macroeconomic conditions including high interest rates and low consumer spending. However, 2024 will see an improvement in the economy, and we could see demand pick up pace. Despite the slowdown, we have seen several companies report impressive delivery numbers, and this shows that quality EVs continue to sell, no matter the economic situation. But this is a highly competitive industry, and not all companies are meant to succeed. This has led to t ...