California is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit-To The Moon - Tiger Brokers Online Investing Community

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California is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit

MoneyWise2022-08-26

Whether you like electric vehicles or not, it’s hard to deny that we are seeing more and more of them on the road. Even manufacturers known for producing V8s in the old days are now electrifying their...

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Even manufacturers known for producing V8s in the old days are now electrifying their...</p>\n\n<a href=\"https://finance.yahoo.com/news/california-poised-ban-sale-gas-191500543.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>California is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCalifornia is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 03:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/california-poised-ban-sale-gas-191500543.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Whether you like electric vehicles or not, it’s hard to deny that we are seeing more and more of them on the road. Even manufacturers known for producing V8s in the old days are now electrifying their...</p>\n\n<a href=\"https://finance.yahoo.com/news/california-poised-ban-sale-gas-191500543.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4534","symbol_name":"瑞士信贷持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/california-poised-ban-sale-gas-191500543.html","article_id":"2262964217","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/jtBERH_S9KL2iYVoCfhYlw--~B/aD00MDA7dz03Mjg7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/cclO3JXRvAE5Hw_w98ak7A--~B/aD00MDA7dz03Mjg7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/moneywise_327/41ac6bea16217f7189f5651087636a57"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2262964217","pubTimestamp":1661454900,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Whether you like electric vehicles or not, it’s hard to deny that we are seeing more and more of the","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4534":"瑞士信贷持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4581":"高盛持仓","BK4555":"新能源车","BK4542":"充电桩","BK4550":"红杉资本持仓","BK4551":"寇图资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4096":"电气部件与设备","BK4511":"特斯拉概念","BK4099":"汽车制造商","BLNK":"Blink Charging","BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","CHPT":"ChargePoint Holdings Inc."},"translate_title":"加州准备在2035年前禁止销售所有新的燃气汽车--如果其他州效仿，以下三种电动汽车股票可能会飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLNK":1,"CHPT":1,"TSLA":0.9},"content_text":"Whether you like electric vehicles or not, it’s hard to deny that we are seeing more and more of them on the road. Even manufacturers known for producing V8s in the old days are now electrifying their fleet.\nThe reason is not just consumer preference. Regulations also play a critical role.\nCalifornia, for instance, is expected to approve a plan to end sales of gasoline-powered vehicles over the next 13 years. The plan will set interim targets to phase out new gasoline cars and completely ban the sale of them by 2035.\nDaniel Sperling, a board member of the California Air Resources Board, tells CNN that the measure is “monumental.”\nMeanwhile, California governor Gavin Newsom called the plan “one of the most significant steps to the elimination of the tailpipe as we know it.”\nOther states typically follow California’s lead when it comes to implementing auto emission regulations.\nFor traditional automakers, it isn’t good news. For EV stocks, on the other hand, it could serve as a powerful catalyst.\nDon’t miss\n\nMitt Romney says a billionaire tax will trigger demand for these two physical assets — get in now before the super-rich swarm\nYou could be the landlord of Walmart, Whole Foods and Kroger (and collect fat grocery store-anchored income on a quarterly basis)\nHere are 3 proven ways to get really rich during a recession — without having to risk a bunch of money to do it\n\nChargePoint Holdings (CHPT)\nChargePoint Holdings is solidly positioned for the EV boom.\nThe company has one of the largest EV charging networks in the world. It has around 5,000 commercial and fleet customers, including 78% of Fortune 50 companies. Since its inception, ChargePoint has delivered more than 123 million charging sessions.\nOf course, EV stocks haven’t been market darlings this year and this EV infrastructure play was caught in the sell-off as well. ChargePoint shares have fallen 31% over the last 12 months.\nThat could give bargain hunters something to think about.\nIn the fiscal quarter ended Apr. 30, ChargePoint generated $81.6 million of revenue, marking a 102% increase year over year. This was driven by a 122% increase in networked charging revenue and a 63% increase in subscription revenue.\nJPMorgan analyst Bill Peterson recently reiterated an ‘overweight’ rating on ChargePoint and raised the price target to $20 — roughly 30% above where the stock sits today.\nBlink Charging (BLNK)\nWith a market cap of around $1.1 billion, Blink Charging is a relatively underfollowed name in the world of EV stocks.\nBut it has delivered very generous returns to earlier investors.\nAt the beginning of 2020, Blink Charging was trading at less than $2 per share. Today, it’s at $22.69. You do the math.\nAs the company’s name suggests, it focuses on the charging side of the business.\nBlink has deployed more than 51,000 EV charging ports and has over 423,000 registered users. It uses a proprietary-based software that operates, maintains, and tracks the EV stations connected to its network.\nIn the first half of 2022, revenue rose 223% from a year ago to $21.3 million.\nThe increasing adoption of EVs should continue to fuel massive growth in Blink’s business.\nNeedham & Company analyst Vikram Bagri has a ‘buy’ rating on Blink and a price target of $27 – implying a potential upside of 19%.\nTesla (TSLA)\nA list of EV stocks for the future would not be complete without Tesla.\nThe EV maker has been in the headlines lately due to its completion of a three-for-one stock split. By splitting a share into smaller pieces, each piece will have a lower, more accessible price. Those bite-size shares often draw more interest from retail investors. However, note that a split doesn’t change a company’s underlying fundamentals.\nAnd the fundamentals still appeal to growth investors.\nIn Q2, the company delivered 254,695 vehicles, representing a 27% increase year-over-year. Production totaled 258,580 vehicles, up 25% from a year ago.\nTesla’s automotive revenue surged 43% year-over-year to $14.6 billion for the quarter. Total revenue grew 42% to $16.9 billion.\nWedbush analyst Dan Ives recently raised his price target on Tesla while maintaining an ‘outperform’ rating.\n“We are adjusting our pre-split $1,000 price target ($333 post split) to $360 reflecting the 3:1 split as well as improved production from Tesla out of its key China Giga factory during the September quarter with clear momentum heading into year-end,” he wrote in a tweet.\nConsidering that Tesla trades at $295 per share at the moment, Ives’ new price target suggests a potential upside of 22%.\nWhat to read next\n\n Sign up for our MoneyWise investing newsletter to receive a steady flow of actionable ideas from Wall Street's top firms.\n'Imagine you are laid off’: Suze Orman's tough-love tips to prepare for the recession ahead\nWarren Buffett likes these 2 investment opportunities outside of the stock market \n\nThis article provides information only and should not be construed as advice. 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