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GM - Is Now the Time to Buy Electric Vehicle Stocks?
General Motors Company
The electric vehicle market has been hammered over the past six months as the market has sold off growth and high-risk stocks. But at the same time, we're seeing electric vehicle companies show growth and strong demand as they ramp up capacity.
Could the dip in the market be a good time to jump into electric vehicle stocks? I think now is the time to reassess a lot of the hot stocks from 2021, like Rivian (NASDAQ: RIVN) , General Motors (NYSE: GM) , and Proterra (NASDAQ: PTRA) .