3 Smart EV Stocks to Buy With $1,000 Right Now

Many electric car stocks had a difficult 2024. Industrywide growth fell below initial expectations, with some EV stocks falling in value by 50% or more. But the long-term growth trajectory of EV demand remains intact.So if you have $1,000 with you that you won't require for essential spending, and additionally looking to add high-growth stocks to your investment portfolio, now could be your chance. One of the three EV manufacturers below should be a fit for you.When it comes to chasing growth, Lucid Motors (NASDAQ: LCID) is king right now. Many EV makers are struggling to grow, and some are seeing their sales growth rates plateau. A few are even experiencing revenue declines. But not Lucid. Over the past 12 months, the company has boosted sales by around 18%. And looking forward, even more growth should be on the way. That's due to the recent introduction of Lucid's Gravity SUV model. Orders began in November, and actual shipments are only beginning to scale now. In 2025, analysts expect the company to grow sales by an astounding 117%. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool