Better EV Stock: Lucid vs. Tesla
Electric vehicles (EVs) are in rough terrain. While U.S. EV sales rose 7% last year to 1.3 million in the U.S., the Trump administration's not-so-friendly stance toward electric vehicles has spooked some investors and ignited concerns that growth among EV makers could be stifled.
So what's an investor in EV stocks to do? As someone who believes in the long-term potential of this market, I think the current difficulties some EV makers are facing could be temporary. Let's look closely at start-up Lucid (NASDAQ: LCID) and established leader (NASDAQ: TSLA) to see which is the better buy.
Image source: Lucid.
Source Fool.com
Tesla Inc Stock
€398.55
-4.400%
Our community is currently high on Tesla Inc with 106 Buy predictions and 41 Sell predictions.
With a target price of 408 € there is a slightly positive potential of 2.37% for Tesla Inc compared to the current price of 398.55 €.
