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An EV Upheaval Looms. Analyst Says to Sell These 2 Stocks and Buy Rivian and Tesla.

An EV Upheaval Looms. Analyst Says to Sell These 2 Stocks and Buy Rivian and Tesla.

Tesla ‘s coming price cuts are going to make it very difficult for other electric vehicle startups—which means investors will have to be choosier when selecting stock in the sector. The Tesla (ticker: TSLA) cuts are evidence that EVs are passing from acute under-supply to potential over-supply, according to Morgan Stanley analyst Adam Jonas. The ones he doesn’t like and recommends investors avoid are Fisker (FSR) and Lucid (LCID) shares.