TOP 3 BEST ELECTRIC CAR STOCKS TO BUY 2021

Описание к видео TOP 3 BEST ELECTRIC CAR STOCKS TO BUY 2021

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USE CODE "YOUTUBE" FOR 20% OFF in today's video, we are looking at the top 3 electric car stocks to buy in 2021. I hope you all enjoy this video any questions let me know!

TOP 3 BEST ELECTRIC CAR STOCKS
1) TSLA
The godfather of the electric vehicle industry, Tesla is and will remain one of the best electric car stocks to buy for the next 10 years.

In 2019, Tesla controlled about 16% of the global passenger electric vehicle market. That number is up from 8% in 2017, thanks to new cars and geographic expansion.

These two drivers will remain in place for the next several years. Tesla will launch the Model Y this year. Then the Cybertruck after that. Then more cars after that. At the same time, the company will continue to push deeper into Europe, establish a premium leadership position in China and eventually makes its way into Latin America.

2) NIO
Tesla’s little brother from China, Nio, is also one of the best electric car stocks to buy for the next 10 years.

The premium EV maker went in reverse in 2019. The Chinese auto market crumbled. Chinese EV sales plateaued. Demand for Nio’s vehicles plunged. The company’s losses widened. The balance drained cash.

But everything has changed in 2020.

China’s auto market is rebounding, with auto sales posting positive growth in April 2020 for the first time in 21 months. China’s EV sales are once again setting monthly record highs. Nio’s vehicle deliveries doubled in both March and April, and are expected to rise more than 150% in the second quarter. The company’s adjusted net loss narrowed by more than 40% in the first quarter. And the balance sheet scored 7 billion yuan in financing from a group of strategic investors.

3) WKHS
Workhorse Group Incorporated is an American manufacturing company based in Cincinnati, Ohio, currently focused on manufacturing electrically powered delivery and utility vehicles.

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