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Trending Themes in Investing: Future Mobility
Themes in spotlight for the week of February 13 to 17, 2023.
By Trackinsight
February 21, 2023
- Future Mobility
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Future Mobility +1.7%
The future looks bright for electric-vehicle growth. Consumers are more willing than ever to consider buying EVs, and sales are rising fast. Tesla posted record profits for the final three months of 2022 despite a slowdown in vehicle deliveries. Elon Musk said the EV manufacturer could sell two million vehicles this year if there are no external interruptions. Regulations in major car markets force manufacturers to produce more EVs while many states have created or expanded tax credits for consumers who purchase them.
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