In August, U.S. President Joe Biden signed an executive order that intends to make 50% of all new vehicles sold in the United States electric by 2030, in order to reduce greenhouse gas emissions in the U.S. While this has resulted in a renewed interest among investors in electric vehicle (EV) stocks, it has also brought to the forefront the problems faced by EV manufacturers including shortage of battery cells and semiconductor components. I am neutral on both stocks mentioned in this article.
https://www.tipranks.com/news/article/tesla-vs-quantumscape-which-stock-is-likely-to-power-ahead?utm_source=advfn.com&utm_medium=referral
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Sep 2021 to Oct 2021 Click Here for more Tesla Charts.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Oct 2020 to Oct 2021 Click Here for more Tesla Charts.