EV Stocks: Long-Term Potential
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EV marketThe Motley Fool
•Technology
Technology
Better EV Stock: Lucid vs. Tesla
74% Informative
Tesla is coming off of an unimpressive quarter in which automotive sales fell 8% to $19.8 billion .
Tesla CEO Elon Musk has said affordability continues to be an issue for potential buyers, and a cheaper model could debut as soon as this year .
Lucid 's net loss in 2024 was $2.7 billion , only slightly improved from the previous year .
The company is still a major player in the global EV market and has room to invigorate its current lineup.
On rare occasions, our expert team of analysts issues a “ Double Down ” stock recommendation for companies that they think are about to pop.
Now is the best time to buy before it’s too late, and there may not be another chance like this anytime soon.
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