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Want a Tesla alternative? Analysts and fund managers reveal their top EV stocks

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Tesla shares are sliding. Here are some alternatives in the electric vehicle space, according to Wall Street analysts and fund managers.

Once an investor favorite to play the electric vehicle boom, Elon Musk's Tesla has had a tough time of it of late. Just 15 months ago, Tesla joined the exclusive trillion-dollar market cap club . Now, a precipitous plunge in its share price in 2022 puts its value well under $400 billion. At the end of last week, the EV maker cut prices in the U.S. and throughout Europe in what's being viewed as an effort to boost sales volumes.

Deutsche sees Nio's product plans and brand reach as undervalued given the depressed value of the stock. Nio shares ended Friday at $11.81, down over 60% over the last year. Meanwhile, Warren Buffett-backed BYD and Li Auto are Jefferies ' top picks among the Chinese automakers. "BYD will be the clear price maker in the sweet spot mass market and a pioneer exporter in Europe in 2023.

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No I don’t! I’m happy with my Tesla 🦾 stop trying to sabotage Elon 🤡🤡🤡

$xos trucks

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