Best EV Car Stock

 As we all know, the largest and on-going pioneer maker of electric-vehicle productions cars, Tesla is the a clear winner according to markets. Tesla's stock is at a booming $670 compared to other top automotive electric car companies like Ford, which is at $15. 

"137 times forward price-to-earnings as of Tuesday’s close — speaks volumes about where investors are placing their bets as legacy auto manufacturers rush to develop their own EV projects," TradingAnalysis.com founder Todd Gordon told CNBC.

Also it is noteworthy to know that Ford is having one of its best years in stick since 2009. They are valued at less $20 a share. Whereas, Tesla is having one of its worst years since 2016 and is still valued at over $600. Needless to say, Tesla holds more value. It's interesting to also assume Tesla is in a bullish market and is on the rise soon to come. 

The race for popularity in electric cars comes down to who can collect the most data that those car holders use. Car analytic data is collected every time one of those cars is plugged into a socket or is driven over countless miles. Tesla has been in this ball game for a while collecting data on their users. For a new company to compare or question Tesla's data would be quite challenging. 

Lizzygurdus. (2021, June 30). Market has already decided the winner of the electric vehicle race, trader says. CNBC. https://www.cnbc.com/2021/06/29/tesla-trader-says-market-has-decided-winner-of-electric-vehicle-race.html.