URGENT 476% EV Alert: One new tech stock could power self-driving EVs from Tesla Motors, Volkswagen and Toyota. And shares could jump 476% as millions of new EVs hit the roads in 2021. Click here ASAP for urgent details.
Investors are always looking for the next big trend.
The biggest trend right now? The rise of electric vehicles.
Many traditional automakers have gone all-in, and announced plans to fully electrify their fleets in the next few years.
That includes General Motors (NYSE: GM). But it also includes the likes of luxury carmakers like Mercedes. Both companies have plants to be all-electric by the end of the decade.
But these major automakers aren’t the only players. Or the best way to play this massive trend.
Other all-electric firms have started up in the past few years. And they’re getting into production while the old-school automakers are still making plans on drawing boards.
A carmaker called Lucid Group (NASDAQ: LCID) just shipped their first line of electric cars. Early reviews are in, and customers love the product.
You could call this a “Tesla killer.” The new EVs are that good, and they’re about to make Tesla look like old news.
Lucid has a market cap of $57 billion.
That’s a sizeable company. However, it’s small compared with Tesla’s $1.2 trillion value.
If Lucid continues off its early production win, it will substantially narrow that valuation gap.
For investors looking for bigger percentage wins in the growing EV market, it may be time to look to pure-play EV stocks that aren’t in the news daily.
Up and coming EV tech stocks like Lucid could offer investors big wins in the next year as production ramps up. And that’s why it’s crucial that you get ready for the next wave of EV profits.
That’s why I’m targeting companies that can provide massive returns going forward in the rapidly-growing EV space as we get into the end of the year and look ahead to 2022.
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