19.01.2025 14:23:00
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Meet the Up-and-Coming EV Stock That Could Crush the Market
To give credit where it's due, Tesla (NASDAQ: TSLA) undeniably led electric vehicles (EVs) into the mainstream. It didn't do it alone, to be sure. But, by making battery-powered automobiles cool, it also made them marketable. Time and practicality took care of the rest.The next chapter of the EV revolution is upon us. While Tesla remains prominently featured in it, other names are emerging as compelling investment opportunities. Battery makers and charging-infrastructure providers in particular are finding fast-growing demand, which of course becomes revenue, setting the stage for eventual profitability. The key is simply more scale... which is coming, given electric vehicles' long-term growth outlook.Risk-tolerant investors looking for the next big winner from the EV space might want to put ChargePoint Holdings (NYSE: CHPT) stock on their radars -- if not in their portfolios -- sooner than later. It's trading at a discount right now, but this may not be the case for much longer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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