Following a dismal 2022, this year has been remarkable for stocks of electric-vehicle manufacturers, for those in other industries tied to it, and for those developing autonomous cars.
With such remarkable performance this year, including a doubling of shares for Tesla Inc. TSLA and a 34% increase for Rivian Automotive Inc. RIVN , along with an increase in its production estimate for 2023 on Thursday, it is a good time to look as far ahead as we can at industry growth projections from elevated 2023 baselines.
From the group of 117 companies, these 20 are expected to show the highest compound annual growth rate for revenue from 2023 through 2025. The consensus sales estimates for non-U.S. companies are in millions of U.S. dollars, as converted by FactSet.Click here for Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.