Published on 26 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will take a detailed look at the 11 Best EV Penny Stocks to Buy. You can skip our detailed industry analysis on the EV industry and click 5 Best EV Penny Stocks to Buy.
Remember the time when everyone thought EVs is the future and you should pour all you have in EV stocks to get rich quick? It didn’t take long for the EV euphoria to fade. With major EV stocks and ETFs like Tesla (down 31% in 2024) and iShares Self-Driving EV and Tech ETF (down 16% so far in 2024), one might ask – what on earth happened to EV stocks and should you really invest in EV stocks for the long term?
What's Happening in the EV Industry?