EV Extinction Event: 3 Electric Vehicle Stocks That Won't Exist in 5 Years

A few years after electric vehicles seemed poised to dominate the automotive industry, the stock market has sharply turned. Now, investing in electric vehicle stocks is an exercise in pain tolerance. While Tesla’s (NASDAQ:TSLA) recent earnings commentary propelled the EV market higher (it certainly wasn’t the company’s numbers, which were abysmal), most other EV companies are struggling. Many high-potential but early-stage EV makers are now forced to resort to massive debt or equity issuances to stay alive. ...