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Zenger
Zenger
Business
Bhavik Nair

Expert Suggests Bright Future For Some Electric Vehicle Stocks In 2023

ARK Cathie Wood Tesla Inc. NIO Warren Buffett Xpeng BYD NYSE
The Tesla brand logo embellishes the nose of a Tesla electric sedan in Vail, Colorado. Electric vehicles may be picking up traction among consumers but the rout in the financial markets in 2022 made sure no sector was spared in terms of stock price. ROBERT ALEXANDER/BENZINGA
A BYD new energy vehicle sales shop in Huai ‘an city, Jiangsu province, China, Dec 14, 2022. The Warren Buffett-backed EV-maker’s stock has seen a relatively low decline in its stock compared to some of its peers. Since the end of last year, the stock has lost just over 27%. CFOTO/BENZINGA

Electric vehicles may be picking up traction among consumers but the rout in the financial markets in 2022 made sure no sector was spared in terms of stock price.

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