YouTuber says towing with Ford's electric truck a 'total disaster' — but analysts still like these 3 EV stocks

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It may not be practical — at least for now

Hoover might not be pleased with his recent towing experience with the F150 Lightning, but the electric pickup truck is still selling like hotcakes.

“Ford continued to see high-demand vehicles turning at record rates in September while developing electric truck and van leadership and extending our overall truck leadership,” Andrew Frick, a Ford VP said in a press release. “Demand remains strong with new retail orders rapidly expanding.” Earlier this month, the company reported that for Q3, it delivered 343,830 EVs . The amount represented a 42 per cent increase year over year.

Jonas has an ‘overweight’ rating on Tesla and a price target of $383 — roughly 61 per cent above where the stock sits today.ChargePoint Holdings doesn’t produce any electric cars, but it’s still solidly positioned for the EV boom.

 

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