If you’re like most people, the last thing you want to think about is investing in electric vehicle stocks. I get it. The industry is still in its infancy, and there are a lot of unknowns. But here’s the thing… Billionaires can’t stop buying electric vehicle stocks. In fact, they’re some of the biggest investors in the industry. And if you’re thinking that they’re just trying to make a quick buck, think again. These billionaires are in it for the long haul. They believe in the industry, and they’re willing to invest billions of dollars to make it a success. So, if you’re looking for a way to triple your money over the next decade, investing in electric vehicle stocks is a good place to start. In this blog post, we’ll take a look at 10 electric vehicle stocks that billionaires are buying.
1. Tesla stock
In the past year, Tesla’s stock has been on a tear, rising nearly 400%. But that’s just a drop in the bucket compared to what some of the world’s richest investors are expecting from the company in the years ahead.
Billionaire hedge fund manager Ron Baron believes Tesla could be worth $1 trillion within 10 years. And he’s not alone. Many other billionaire investors have made massive bets on Tesla, including George Soros, Stanley Druckenmiller, and Jeff Bezos.
Why are these billionaires so bullish on Tesla? There are a few reasons.
First, electric vehicles are still a tiny portion of the overall vehicle market. But that’s changing fast. Sales of electric vehicles are expected to explode in the next decade as battery prices continue to fall and charging infrastructure improves.
Second, Tesla is far ahead of its competitors when it comes to developing autonomous driving technology. This is a key advantage that will become even more important as the market for self-driving cars grows.
Finally, Tesla has established itself as a leading luxury brand. Its cars are coveted by celebrities and wealthy consumers around the world. This gives Tesla a major advantage as it expands its product line beyond premium vehicles into mass-market cars like the Model 3.
So if you’re looking for a stock that could triple your money over the next decade,Tesla is worth a close look.
2. NIO stock
1. NIO stock is up over 1,600% in the last year alone
2. It’s one of the hottest electric vehicle stocks on the market
3. Billionaires like Bill Gates and Li Ka-shing can’t stop buying it
4. analysts believe it could triple your money over the next decade
5. Here’s why this electric car company is so appealing to investors
3. Workhorse stock
Electric vehicles are the future of transportation, and there are a handful of stocks that are leading the charge. Billionaires like Bill Gates, Warren Buffett, and Elon Musk have all invested heavily in electric vehicle stocks, and they continue to do so.
There are a few reasons why electric vehicle stocks are so attractive to investors. First, electric vehicles are much more efficient than gas-powered vehicles, which means they’re less expensive to operate. Second, electric vehicles produce zero emissions, which is great for the environment. And finally, electric vehicles are just plain cool.
So, which electric vehicle stocks should you buy? Here are three that billionaires can’t stop buying:
1. Tesla (TSLA) – Tesla is the undisputed leader in the electric vehicle space. The company’s Model S is the best-selling luxury car in the US, and its Model 3 is the best-selling car overall. Tesla’s products are popular with both consumers and investors, and the company continues to innovate with new technologies like autonomous driving and solar roofs.
2. BYD (BYDDY) – BYD is a Chinese automaker that’s been making electric vehicles since 2008. The company makes a wide range of electric cars, buses, and trucks, and it has partnerships with some of the world’s largest automakers like Daimler and Volkswagen. BYD is also a major player in batteries and solar power, two other industries that are benefiting from the shift to electr
4. Canoo stock
If you’re looking to make a killing in the electric vehicles space, Canoo may be just the stock for you. Billionaires including Michael Dell and Jay Penske have invested big money in the company, which is working on developing unique EVs with an eye towards the future of transportation.
Canoo has already developed a number of prototypes for both consumer and commercial EVs, and it has plans to bring its products to market in the next few years. With the backing of some of the world’s richest people, Canoo looks poised to take a leading role in the EV revolution – and Triple Your Money Over The Next Decade!
5. Lordstown stock
Electric vehicles are all the rage on Wall Street these days. Tesla’s stock is up over 400% in the last year, and other electric vehicle stocks like Nikola and Workhorse are also seeing huge gains. But there’s one electric vehicle stock that’s been flying under the radar…until now.
Lordstown Motors is a new electric vehicle company that’s about to go public. The company has already secured over $1 billion in funding from some of the biggest names in investing, including Bill Gates, Jeff Bezos, and George Soros. Lordstown Motors is planning to launch its first product, an electric pickup truck, later this year.
The potential for Lordstown Motors is huge. The electric vehicle market is expected to grow from $2 trillion today to $10 trillion by 2030. And Lordstown Motors has the unique advantage of being backed by some of the richest people in the world. If you’re looking for an electric vehicle stock to buy, Lordstown Motors is a great option.
6. Fisker stock
1. Fisker stock is up over 500% in the last year, and it’s not hard to see why.
2. The company makes electric vehicles that are stylish, luxurious, and environmentally friendly.
3. Billionaires like Bill Gates and Leonardo DiCaprio have been investing in the company, and it’s easy to see why they’re bullish on its future.
4. Fisker is one of the most exciting electric vehicle companies out there, and its stock is poised to continue its incredible run in the years to come.
7. Archer Aviation
1. Archer Aviation: Billionaires Can’t Stop Buying
Archer Aviation is one of the leading electric vehicle stocks that billionaires can’t stop buying. The company’s innovative technology and strong growth prospects make it a compelling investment for the long term.
Archer Aviation is a leading manufacturer of electric vertical takeoff and landing (EVTOL) aircraft. The company’s technology is based on years of research and development in the aerospace industry. Archer’s EVTOL aircraft are designed to revolutionize air transportation by providing a more efficient, sustainable, and affordable way to travel.
The company has received significant backing from some of the world’s most renowned investors, including Bill Gates, Richard Branson, and Paul Allen. These backers have helped Archer raise over $100 million in funding to date.
Archer’s products are expected to enter the market in the early 2020s. The company has already secured orders from major airlines and other customers. With strong demand for its products, Archer is well positioned for growth in the coming years.
8. Rivian stock
Electric vehicle stocks have been on a tear lately, and Rivian is one of the hottest names in the space. The Michigan-based company makes electric trucks and SUVs, and it has attracted investments from some of the biggest names in the business world.
Rivian went public in November 2020, and its stock has already more than tripled in value. The company has a market capitalization of over $50 billion, making it one of the most valuable EV startups in the world.
Rivian’s products have generated a lot of hype, and the company has already secured orders from major companies like Amazon and Ford. Rivian is also backed by investors like Bill Gates and T. Boone Pickens, so it’s safe to say that this company is one to watch in the coming years.
9. Hyliion stock
If you’re looking to invest in electric vehicles stocks, then you should definitely consider Hyliion stock. Billionaires like Bill Gates and Warren Buffett have been buying up shares of Hyliion stock, and for good reason. The company is a leader in the production of electric vehicles and batteries, and its products are in high demand. Over the next decade, the demand for electric vehicles is only going to increase, so now is the time to invest in Hyliion stock.
10. VW STOCK
Volkswagen (VW) is one of the world’s largest automakers and has been a leader in developing and manufacturing electric vehicles (EVs). The company’s stock has been on a tear lately, rising nearly 50% in the past year.
Billionaires such as hedge fund manager David Einhorn and investor Stanley Druckenmiller have been buying up VW shares, betting that the company will continue to dominate the EV market.
Demand for EVs is expected to explode in the coming years, as countries around the world move to phase out gasoline-powered cars. VW is well-positioned to benefit from this trend, with a range of electric models already on the market and more in development.
The company’s stock is not without risk, however. VW is still dealing with the fallout from its diesel emissions scandal, and there are concerns about how it will fare in an increasingly competitive EV market. Nonetheless, analysts believe that VW’s long-term prospects are strong and that its stock could triple in value over the next decade.
