February 25, 2021
Tesla (click here)
has established a "significant first mover advantage" over new entrants in the ever-expanding electric vehicle market, but a few other smaller names stand out, according to CFRA's Garrett Nelson.
In a note published Wednesday the senior equity analyst said Amazon-backed Rivian, Lucid Motors, and Fisker will emerge as "success stories," as EV sales climb in 2021.
Nelson uses four categories to analyze emerging electric-vehicle manufacturers: 1) the specs (price, range, etc.) and overall attractiveness of their initial vehicle models; (2) financial considerations such as their funding sources, balance sheets, and liquidity; (3) the growth opportunity of their sub-industry; and (4) the experience and credibility of management....
All the manufacturers are appreciated, but, I think Chevy is going to have the price point Americans will be looking for.
