Are Electric Vehicle Stocks Overhyped?
Electric vehicle (EV) stocks like Tesla (NASDAQ: TSLA), Lucid Group, and Rivian Automotive are among the most talked-about and highest-valued stocks. So, does it add up to suggest EV stocks are overhyped and should be avoided? Let's take a closer look.
Image source: Getty Images.
First, even if EV stocks may be overvalued, it doesn't mean a lot of the hype around the EV industry isn't true. On the contrary, there are strong reasons the industry is in favor. The EV industry is benefitting from several secular tailwinds:
Source Fool.com
