3 of Wall Street's Top EV Stocks Ranked: Which Is the Best Buy?
LI AUTO(LI) investorplace.com·2024-05-16 10:00
Shares of several electric vehicle makers are in the red as macroeconomic challenges and geopolitical tensions are weighing on the demand for electric vehicles. Moreover, the ongoing price war triggered by intense competition is dragging down the profitability of EV makers. Another concern is President Joe Biden’s quadrupling of tariffs on Chinese EV makers.Nonetheless, the long-term prospects for the electric vehicle market remain strong, backed by policy support, focus on clean energy, increasing investme ...