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4 Electric Vehicle Stocks That Have Fallen Big

By Jose Najarro - Updated Mar 17, 2021 at 3:23PM

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These EV growth stocks could be trading at a bargain right now.

In today's video, I talk about four electric vehicle (EV) stocks that have taken a considerable dip since the market correction. They are all hitting different markets and are in various stages of their business life.

  1. Tesla (TSLA -9.76%) is hitting multiple countries with both EV sedans and SUVs. In its most recent quarter (Q4 2020), it delivered 180,570 vehicles.
  2. NIU Technologies (NIU -5.77%) is mainly in China but expanding into other countries with its EV scooters. In its most recent quarter (Q4 2020), it sold 150,465 scooters.
  3. NIO (NIO -4.98%), similar to NIU, is mainly in the China market with its EV SUVs and new sedan model. In its most recent quarter (Q4 2020), it delivered 17,353 vehicles.
  4. Lucid Motors, which did a SPAC merger with Churchill Capital (CCIV), is in the stages of delivering its first EV luxury sedan within the next year to the U.S. market.

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Stocks Mentioned

Tesla, Inc. Stock Quote
Tesla, Inc.
$640.16 (-9.76%) $-69.26
Nio Inc. Stock Quote
Nio Inc.
$15.83 (-4.98%) $0.83
Niu Technologies Stock Quote
Niu Technologies
$7.67 (-5.77%) $0.47
Churchill Capital Corp IV Stock Quote
Churchill Capital Corp IV

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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