EV Stocks are Among the Hottest in the Market, But Most are Missing the Really Big and Most Profitable Story—What’s Coming Next
EV Stocks are Among the Hottest in the Market, But Most are Missing the Really Big and Most Profitable Story—What’s Coming Next By Michael Palmer, Empire Financial Research January 10, 2022 In recent weeks, new electric vehicle (EV) companies like Lucid and Rivian have soared in value. Lucid is up 170% in the past 3 months. Rivian is up 53% in the past 3 weeks. Over the longer term, of course, the numbers are even more staggering: Tesla is up a whopping 1,600% over the past two years. But here’s the thing… Whitney Tilson, a former hedge fund manager who’s twice appeared on CBS’s 60 Minutes to break some of the biggest financial stories of the day, says… “Most Americans, including most investors, are completely missing out on the really big story in the EV sector—which has to do with what is coming next. That’s where the biggest profits and society-changing developments will ultimately be.” And this is why Tilson and his research team have recentl...