Since late last year, electric vehicle (EV) companies have been struggling to find their footing. Major challenges include declining demand and profitability issues exacerbated by price wars.
For those concerned that these headwinds may persist longer than the market is pricing in, here are three EV stocks to be wary of right now.
Tesla is starting to look like a growth stock without the growth, as it has faced significant declines in consumer demand amid competitive pressures and price cuts.
High interest rates and inflationary concerns have pinched budgets, making electric vehicles, which are generally more expensive than traditional cars, less appealing for consumers.
[
Collection
]
[
|
...
]