![]() Though TSLA faces stiff competition, it's still the biggest pure-play EV automaker.įor better or worse, it's hard to separate Tesla from its high-profile and controversial CEO Elon Musk. Analysts' consensus recommendation: 2.47 (Buy)Īny discussion of EV stocks has to include the company that put the industry on the map: Tesla ( TSLA, $291.26).Analysts' ratings: 12 Strong Buy, 3 Buy, 18 Hold, 3 Sell, 2 Strong Sell.Still, if you are bullish on EV stocks and accept that China is the center of the action, then XPeng is a good way to get exposure to this fast-growing market. The company is also currently unprofitable. The stock has a beta of 2.84, which means it is wildly sensitive to the market's moves. XPEV should be considered highly speculative. The company also provides super charging, ride-hailing and advanced driver-assistance system technology. It offers SUVs under the G3, G3i and G9 names four-door sports sedans under the P7 and P7i brands and family sedans under the P5 line. ![]() With that said, consider the shares of XPeng ( XPEV, $14.98), a leading EV maker in China. So, any discussion on electric vehicles has to include a discussion of China. ![]() ![]() Last year, there were 5.9 million electric vehicles sold in China vs less than a million in the United States. But we should remember that China is the world's largest market for electric vehicles by a country mile. and China aren't great right now, so investing in Chinese stocks isn't exactly on a lot of investors' radars.
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