Not all EV makers will be crushed by the expiring sales incentive.
The $7,500 electric vehicle (EV) tax credit is no more.
It expired at midnight on Tuesday night, and the U.S. auto industry is bracing for a slump in demand. Without the additional $7,500 to make EVs more affordable, Ford ( F 3.52% ) CEO Jim Farley expects that demand for the battery-powered vehicles will be cut in half.
But it's not all bad news for automakers, even EV makers. Here are three stocks of EV manufacturers that could still succeed without the government incentives.
The EV maker that's not priced like one
Even without additional tax incentives, Tesla 's ( TSLA -1.41% ) stock could still be a winner.
That's because shares of the world's largest EV manufacturer seem largely immune to sales