Will Workhorse Stock Recover in 2023?
The global electric vehicle (EV) market is anticipated to reach well over $1 trillion by 2028, suggesting an impressive annual growth rate of 24.3% during that time period. With so many players in the space, investing in EV stocks can be overwhelming.
That said, leading EV companies stand to benefit greatly from the electrification of the automotive industry. Investors will have to do their homework to determine which companies are best positioned for success, while being prepared for the stock market's often irrational behavior.
With that in mind, let's take a closer look at Workhorse Group (NASDAQ: WKHS), an American EV company with a questionable past but a potentially optimistic future.
Source Fool.com
