EV stocks are red hot . . . thanks to Tesla Motors’ (NASDAQ: TSLA) 390% gain in 2020.
Tesla’s market cap has soared to reach $393 billion – making the electric vehicle company more valuable than Johnson & Johnson, MasterCard and Home Depot!
One tiny company could be the “next Tesla Motors.” And shares could surge 839% or more after it starts trading in November.
Of course, Tesla Motors is the world’s most valuable electric vehicle stock. Tesla would be the tenth most valuable company in the S&P 500 – IF it were included in the index.
Tesla’s stock gains are bringing attention to the entire sector.
Just check out the huge move for the Electric Vehicle & Future Mobility ETF (NYSE: KARS). The index is currently posting YTD gains of 29% — versus 6% for the S&P 500 (NYSE: SPY).
Yet these overall gains are masked by smaller returns from old school automotive stocks including BMW, Ford and General Motors.
EV focused stocks are consistently posting far bigger gains. Just check out these returns for five of the top EV stocks.
- 101% in Nikola
- 134% in Hyliion
- 255% in BYD
- 390% in Tesla Motors
- 652% in Nio
Investors are clamoring for electric vehicle stocks. That’s because this growth sector is expected to takeoff in the coming years.
The global EV market was $162 billion last year. However, it’s expected to jump to $803 billion by 2027.
That marks a 22.6% annualized growth rate!
That’s why I’m thrilled to share details on a brand new EV stock.
Unlike these EV stocks that have already jumped as much as 652% . . .
This stock hasn’t started trading yet. And that means you can grab shares at the ground-floor price BEFORE we see a huge move higher.
However, this EV stock is expected to go public and start trading in November. So, there’s a very limited time for you to grab shares before that happens.
That’s why I’m hosting this urgent briefing. It’s 100% FREE to attend – and reveals important details.
Yours in Wealth,