Canada markets closed
  • S&P/TSX

    20,286.20
    +88.59 (+0.44%)
     
  • S&P 500

    3,941.48
    -32.27 (-0.81%)
     
  • DOW

    31,928.62
    +48.38 (+0.15%)
     
  • CAD/USD

    0.7803
    -0.0031 (-0.39%)
     
  • CRUDE OIL

    110.25
    +0.48 (+0.44%)
     
  • BTC-CAD

    37,935.39
    +212.23 (+0.56%)
     
  • CMC Crypto 200

    655.31
    -0.52 (-0.08%)
     
  • GOLD FUTURES

    1,864.70
    -0.70 (-0.04%)
     
  • RUSSELL 2000

    1,764.83
    -27.94 (-1.56%)
     
  • 10-Yr Bond

    2.7600
    -0.0990 (-3.46%)
     
  • NASDAQ futures

    11,822.00
    +51.00 (+0.43%)
     
  • VOLATILITY

    29.45
    +0.97 (+3.41%)
     
  • FTSE

    7,484.35
    -29.09 (-0.39%)
     
  • NIKKEI 225

    26,748.14
    -253.38 (-0.94%)
     
  • CAD/EUR

    0.7265
    -0.0057 (-0.78%)
     

Are Electric Vehicle Stocks Overhyped?

·4 min read
Are Electric Vehicle Stocks Overhyped?
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

The excitement around electric vehicle stocks is palpable. From Rivian (NASDAQ: RIVN) at a $76 billion market cap with no revenue to Tesla (NASDAQ: TSLA) breaching a $1.1 trillion market cap when it was valued under $100 billion less than three years ago, many investors are bullish on the opportunity in electric vehicles. The industry is growing quickly, up 26% year over year from 2020, and is going after a gigantic market opportunity in the worldwide car market.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting