ACTC - Could This Chamath Palihapitiya-Backed Company Be a Top EV Stock?
There is no shortage of electric vehicle start-ups going public in recent years, but most media and investor attention is focused on high-performance passenger cars made by companies like Tesla and Lucid Motors, which is set to go public through Churchill Capital IV . However, there could be an under-appreciated opportunity in commercial electric vehicles, such as the buses made by Proterra.
Proterra is set to go public soon through a SPAC merger with ArcLight Clean Transition (NASDAQ: ACTC) . In this Fool Live video clip, recorded on March 15 , Fool.com contributors Matt Frankel, CFP, and Dan Caplinger discuss what Proterra does and why investors might want to take a closer look.
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Could This Chamath Palihapitiya-Backed Company Be a Top EV Stock?