The Road Less Traveled: 3 Stocks to Sell as the Electric Vehicle Market Stalls
CHPTChargePoint(CHPT) InvestorPlace·2024-01-24 21:25

Investors don’t have to dive far into the EV market outlook for evidence that electric vehicle stocks are in trouble. Headlines like this one from Bloomberg quickly indicate that the sector is in ‘shambles.’ Tesla (NASDAQ:TSLA) – the market leader – has seen its share prices drop to levels that it hasn’t tested for two months. It’s been a particularly rough start to the year for Elon Musk’s company, a barometer for the overall market. It’s unsurprising that the rest of the EV market is also suffering. That ...