The electric vehicle market is populated with playersTesla Inc(NASDAQ:TSLA),Rivian Automotive Inc(NASDAQ:RIVN),VinFast Auto Ltd(NASDAQ:VFS),Lucid Group Inc(NASDAQ:LCID) andPolestar Automotive Holding UK(NASDAQ:PSNY). Although the market has soured on the largest EV companies after sluggish growth, a Cantor Fitzgerald analyst remains optimistic that the EV market can outperform Wall Street estimates.
The EV Analyst: Cantor Fitzgerald analyst Andres Sheppard issued Buy ratings for many major EV companies on Tuesday: Tesla with a $230 price target; Rivian with a $15 price target; VinFast with an $8 price target; and Polestar with a $5 price...
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