Will Electric Vehicle Stocks Crash in 2021?
Everyone wants to find the next Tesla (NASDAQ: TSLA) for 2021. Not surprising, since its shares are up 663% in 2020 alone. While it's the first mover, and biggest horse, in the electric-vehicle (EV) race, many other EV stocks have surged in the latter half of 2020.
Going public through special purpose acquisition companies (SPACs) has been all the rage for many in this sector, and investors have been piling in. Some companies are still pure speculation without any sales, and some have more promise. Here's a look at some EV stocks and how they might do in 2021 and beyond.
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Source Fool.com
