Did You Fall for the EV Stock Bubble??
As electric vehicle (EV) stocks like Tesla (TSLA) and many Tesla wannabe stocks face turbulence and plummeting stock prices, I have a question for you.
Did you fall for the EV mania and buy EV stocks indiscriminately?
The EV ecosystem is complicated and complex - there are a lot of moving pieces.
Fluid battery chemistry, prices and government subsidies, fragile supply chains, China’s domination, trade restrictions, resales markets with rapid depreciation, new competition, rare earths inputs. This list goes on and on.
Global Gambits thinks things through key issues and offers members its best independent advice.
We warned members about Tesla. And Apple (APPL) for that matter, which besides its China problem spent $10 billion over a decade on its EV project before announcing it wasn’t going ahead with an Apple EV.
Meanwhile, our top EV carmaker pick Toyota (TM) is up 90% over the past year while almost all other EV stocks are negative. Why did we pick Toyota and why is it winning the race?
Become a Global Gambit’s member and profit from our independent perspective on stocks and ETFs. You will not regret it.