Tesla isn't the only EV stock set for gains this year, says analyst (cnbc.com)
KEY POINTS:
Ives said he expects the electric vehicle industry to grow into a $5 trillion market over the next decade.In 2020, market research firm Fortune Business Insights valued the EV market at around $250 billion.“In my opinion EV stocks could be up another 40- 50% this year, given what we’re seeing in terms of a green tidal wave globally,” said Wedbush analyst Daniel Ives.
CNBC report
It's all positive for the EV car makers, they need a lot of batteries!!!
Tesla isn't the only EV stock set for gains this year, says...
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