Why These 3 EV Stocks Could Be Headed for Further Losses

The electric vehicle (EV) market is probably headed toward a slump in 2024. During Tesla’s (NASDAQ:TSLA) Q4 earnings call, CEO Elon Musk warned the famed EV maker could experience slower growth in 2024. Musk’s warning probably be heeded by a number of other EV players. Interest rates remain elevated, and the Federal Reserve does not want to be hasty about cutting them either. The economy, although performing better than expected if you look at published economic metrics, is still in the midst of a slowdown. ...