Got $10,000? 5 Top Electric Vehicle Stocks to Buy for the Long Term
The electric vehicle sector is witnessing continuous innovation these days, and a shake-out could be in the offing. It's an environment that offers interesting opportunities for investors, but the situation is not without its risks. As such, it makes sense for investors in this segment to spread out their bets.
Among the top EV companies, Tesla (NASDAQ: TSLA), Nio (NYSE: NIO), and Toyota Motor (NYSE: TM) look attractive. If you're looking to invest $10,000 in this niche, you might start by investing the bulk of this amount into those three stocks. Moreover, stocks of Lucid Group (NASDAQ: LCID) and QuantumScape (NYSE: QS) look promising. Notably, as pre-revenue companies, these entail higher risks.
Here's why each of these stocks looks attractive.
Source Fool.com
