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
€309.95
3.440%
Currently there is a rather positive sentiment for Tesla Inc with 103 Buy predictions and 40 Sell predictions.
As a result the target price of 397 € shows a positive potential of 28.09% compared to the current price of 309.95 € for Tesla Inc.
