2 Top EV Stocks to Buy in February
Electric vehicle (EV) sales struggled in 2024, but not in the way you'd think. , for instance, experienced a 1% annual sales decline in 2024, its first in over a decade. This growth rate fell below the company's expectations. In fact, industry growth as a whole fell below analyst expectations.
But don't let these poor figures fool you. In 2024, EV sales in the U.S. still grew by 7.3%, with 1.3 million EVs sold -- a new record. And globally, around 20% of all vehicles sales were EVs last year. According to most experts, more growth is on the way for years, if not decades, to come.
If you want to ride this growth opportunity, here are two stocks you should get to know.
Source Fool.com
Tesla Inc Stock
€418.60
0.410%
Our community is currently high on Tesla Inc with 105 Buy predictions and 40 Sell predictions.
On the other hand, the target price of 411 € is below the current price of 418.6 € for Tesla Inc, so the potential is actually -1.82%.
