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8 EV Stocks To Electrify Your Growth Portfolio in 2021 - 1 of 8

#1 - Tesla (NASDAQ:TSLA)

Tesla logo

Tesla (NASDAQ: TSLA) Elon Musk. Love them or hate them, you can’t argue with results. The eccentric and often outspoken tech guru has built this company from the ground up, making it the top pick for EV investment. Along with its flagship line of sedans, Tesla has its sight on the long-haul and consumer pickup truck markets.

Aside from its position as the leading EV manufacturer, it is also the leader in terms of profits. Most EV manufacturers are still operating on a start-up/early growth phase basis, which means production is far from covering costs if production has even started. Tesla’s ability to produce consistent profits is a primary reason for its including in the S&P 500, a move that is sure to drive share prices higher.

About Tesla
Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. Read More 

Current Price: $571.69
Consensus Rating: Hold
Ratings Breakdown: 12 Buy Ratings, 11 Hold Ratings, 11 Sell Ratings.
Consensus Price Target: $411.09 (28.1% Downside)

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