SHLL - 3 Electric Vehicle Stocks That Are Better Than Tesla
Tesla (NASDAQ: TSLA) has had a remarkable year, with its shares up more than 350% in 2020 even after a recent hiccup thanks to the growing investor excitement about the auto industry going electric.
But Tesla is hardly the only choice for investors interested in buying into the electrification trend. There are a number of other companies, some only recently public, that are focused on modernizing powertrains as part of the global effort to reduce greenhouse gasses and cut dependence on fossil fuels. While few are flying under the radar right now, some arguably offer better opportunities right now following Tesla's meteoric rise.
With all respect to Tesla, here's why we're focused on electric vehicle stocks Tortoise Acquisition (NYSE: SHLL), NIO (NYSE: NIO), and Workhorse Group (NASDAQ: WKHS) instead.