2023-04-25 05:03:00 ET
Tesla (NASDAQ: TSLA) has been a life-changing winner for some investors. EVs are changing the auto industry permanently. But history tells us investors chasing the next Tesla are probably making a big mistake that will cost them. In this video, Motley Fool contributor Jason Hall breaks down why chasing the next Tesla -- just like chasing the next Meta Platforms , Netflix , or Starbucks -- didn't lead to big returns. Also discussed: Rivian (NASDAQ: RIVN) , Lucid Group (NASDAQ: LCID) , Nio (NYSE: NIO) , and Canoo (NASDAQ: GOEV) .
*Stock prices used were from the afternoon of April 24, 2023. The video was published on April 25, 2023.
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Looking at EV Stocks for the Next Tesla? Avoid This Huge Mistake.