3 EV Stocks on the Brink of a Major Crash: Sell Before It's Too Late

A March 2024 article on CNBC suggested the EV euphoria is dead. This view was backed by the fact that automakers have been scaling back on their EV expansion plans. Undoubtedly, the industry is suffering from factors that include competition, macroeconomic headwinds, and slower adoption by consumers. However, it’s too early to believe it’s the end of the road for EVs.In the coming years, the industry will see consolidation and the potential failure of multiple EV companies. The ones that survive will emerge ...