Introduction
Regarding automobile stocks, virtually every automotive manufacturer is entering the electric vehicle and autonomous driving market in some form or another. Consequently, EV stocks like Tesla and Nio will face challenges and competition in the future. Nevertheless, the real question is, can these disruptive technologies turn a mostly unprofitable industry (automobile manufacturers) into profitable businesses? Perhaps equally as important, how will electric, self-driving cars and ride-hailing actually transform the car industry? Will people continue to have love affairs with their automobiles, or will they just simply become a commodity? No one can know for sure, but it will be quite interesting to watch.
In this FAST Graphs Analyze Out Loud Video I will go over these EV Stocks Ford Motor (F), General Motors (GM), Stellantis (STLA), Tesla (TSLA), Nio (NIO)
FAST Graphs Analyze Out Loud Video:
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Disclosure: No Positions.
Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.