Markets around the world are reeling from the coronavirus pandemic… and with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains. As we’ve just seen again, the Tesla Motors (NASDAQ: TSLA) share price is highly sensitive to Tweets from its enigmatic founder and CEO. Consequently, revenues at this business slumped 14.7% year-on-year.
MyWalletHero, Fool and The Motley Fool are all trading names of The Motley Fool Ltd. Please refer to FOS and FSCS for up-to-date information, including eligibility criteria. It illustrates how this electric vehicle stock could outperform other auto-related shares as ‘clean’ vehicle sales rocket over the next decade. The Motley Fool UK has no position in any of the shares mentioned.
Microchip shortages and supply chain issues caused global light auto production to drop almost 20% in the third quarter. Any opinions expressed are the opinions of the author only. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. On this occasion, Tesla’s share price has sunk in premarket trading after Elon Musk asked Twitter users if he should sell around 10% of his stock in the company.
TI Fluid Systems (LSE: TIFS) is actually a UK share I already own. It looks well on course to have its content loaded on more than half of key battery-powered vehicles in Europe and North America between 2020 and 2028. Sales projections for the EV market are nothing short of show-stopping. We think the opportunity here really is astounding. Exchange rate fluctuations can reduce the sterling value of any overseas holdings.
I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner. Registered in England & Wales. Carbuilders across the planet are making big pledges to supercharge production of electric vehicles (EVs) to harness growing consumer concerns over the environment.
From 2015-2019, this UK company saw its revenues increase 38.6%, its net income go up 19.7x, and since 2012, revenues from regular users have almost DOUBLED. We’re sharing the names in a special FREE investing report that you can download today. Company No: 3736872. © 1998 – 2021 The Motley Fool. Soaring demand for low-emissions vehicles leaves plenty of opportunities for UK share investors like me to make some decent cash. Should you require advice you should speak to a qualified financial adviser.
I also think its leading self-driving tech will help it make gigantic profits from the upcoming boom in autonomous driving. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Tesla is a market leader in the EV space, putting it in the box seat to ride the green motoring revolution. Rated 5 stars out of 5 by The Motley Fool UK No Mercedes-benz clk 2013 in nigeria liability is accepted by the author, The Motley Fool Ltd or its Officers, or Richdale Brokers and Financial Services Ltd or its Officers, for any investment loss, or any other loss or detriment experienced by any individual for any investment decision, whether consequent to, or in any way related to this content, the provision of which is an unregulated activity.
Any performance statistics that do not adjust for exchange rate changes are likely to result in inaccurate real returns for sterling-based UK investors. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations. The Motley Fool Ltd.
I believe Tesla has the vision and the brand power to make the most of the motoring revolution. Claim your copy of… We have taken reasonable steps to ensure that any information provided is accurate at the time of publishing. But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be a daunting prospect during such unprecedented times.
This is because, even accounting for periods of severe share price volatility, I reckon the Tesla share price should still rise solidly in the decade ahead. Looking for a new share dealing account or to switch providers? Use our broker comparison centre to read free, in-depth product reviews and to apply online!
We do not provide personal advice neither will we arrange any product on your behalf. And if you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio. The Financial Ombudsman Service and Financial Services Compensation Scheme may consider certain investment related claims. But, of course, Tesla is more than just a great EV stock.
So why sit on the side lines a minute longer? You could have the full details on this company right now. To get your copy of this research report for FREE, simply click the button below.
Royston Wild owns shares of TI Fluid Systems. Important information and risk disclaimer: The value of shares and any income produced can fall as well as rise, and you may get back less than you invest. We are in the midst of a new motoring revolution. These problems could persist for some time too.
The business has put electrification front and centre of its growth strategy, and in the third quarter it racked up €232m worth of contract awards. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. In fact, one of its own board members recently snapped up 25,000 shares using their own money. The FinecoBank* Multi-Currency Trading Account offers UK investors highly competitive share-dealing rates across 26 global markets. The Motley Fool, Fool, and the Fool logo are registered trademarks of The Motley Fool Holdings Inc.
The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the FCA (FRN: 422737). RISK WARNINGS AND DISCLAIMERS Some or manufacturers like Jaguar and Volvo plan to produce only electrically-powered cars within the next decade. This unpredictability clearly creates danger for Tesla shareholders.
Open your account using promo code TRD500-ML and during your first 3 months you can trade without incurring commission charges – up to a total commission amount of £500. (Terms and conditions apply.) Compare that to the 8.5m that were running last year. Registered Office: 5 New Street Square, London EC4A 3TW. We may also publish information about consumer credit, loan, mortgage, insurance, savings and investment products and services, including those of our affiliate partners.
And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The value of stocks and shares and any dividend income, may fall as well as rise, and is not guaranteed so you may get back less than you invested. It makes a wide range of car components like brake lines, fuel tanks and air conditioning tubes which it supplies to major automakers.
In this capacity we are permitted to act as a credit-broker, not a lender, for consumer credit products. All rights reserved. Here are two top-quality EV stocks I’d buy right now. The content provided in this article has not taken into account the circumstances of any specific individual, and does not constitute personal advice or a personal recommendation for any individual; neither should it be relied upon by any individual when making an investment decision.
However, TIFS isn’t having things all its own way at the moment. However, I’m encouraged that TI Fluid Systems’ focus on electric vehicles has enabled it to outperform light vehicle output by such a colossal margin in recent months. What’s more, we firmly believe there’s still plenty of upside in its future.
2 electric vehicle stocks to buy and hold for the next decade
p> But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock rises in the currency of origin. And it’s doing a roaring trade at the moment as electric and hybrid vehicles require higher loadings of its products than combustion-engine-powered cars. VAT Number: 188035783. Fortunately, The Motley Fool UK analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global upheaval… If you require any personal advice or personal recommendation, please speak to an independent qualified financial adviser.
But, as a long-term investor, I’m still thinking of buying the US carmaker for my portfolio. The experts at Statista, for example, reckon there will be 116m electric cars on the world’s road by 2030. You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses.