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home / news releases / DRIV - Tesla's Troubles Signal A Speed Bump For Investors In The EV Story

DRIV - Tesla's Troubles Signal A Speed Bump For Investors In The EV Story

Global X Autonomous & Electric Vehicles ETF

2024-04-05 07:20:00 ET

Summary

  • When Tesla delivered disappointing news on vehicle deliveries on April 2, it jeopardized its status in the so-called Magnificent Seven stocks.
  • Tesla has been at the vanguard of electric vehicle production for 15 years.
  • Outside the US, the EV story is changing in a different way, particularly in China.
  • While EVs span a range of price points and features, they all have something in common: many of the electrical components needed are similar.

By James T. Tierney, Jr. | Michael Mathay, CFA

Competition for electric vehicles is mounting, but demand persists. So how can equity investors capture the potential of the fast-changing industry? ...

For further details see:

Tesla's Troubles Signal A Speed Bump For Investors In The EV Story
Stock Information
Company Name: Global X Autonomous & Electric Vehicles ETF
Stock Symbol: DRIV
Market: NASDAQ
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