Top Auto stocks to keep an eye on for 2023

  1. Tesla, Inc. (TSLA) - Tesla has been a leader in the electric vehicle (EV) market and has seen significant growth over the past few years. With an expanding global market, the company is poised to continue its upward trajectory. However, it's important to note that Tesla's stock has been known to experience significant volatility.

  2. General Motors Company (GM) - GM is one of the largest auto manufacturers in the world and has made a significant push towards EV production. The company has also invested in autonomous vehicle technology and is exploring partnerships with tech companies to further this goal.

  3. Ford Motor Company (F) - Ford has also been increasing its EV production and plans to have at least 40% of its global vehicle sales be EVs by 2030. The company has also invested in autonomous vehicle technology and has announced plans to launch a fully autonomous vehicle by 2022.

  4. Volkswagen AG (VOW3.DE) - Volkswagen is one of the world's largest automakers and has been making a push towards EV production. The company has set a goal of selling one million EVs by 2025 and has also invested in autonomous vehicle technology.

  5. NIO Inc. (NIO) - NIO is a Chinese EV manufacturer that has been gaining momentum in the market. The company has seen significant growth in sales and has plans to expand its global reach. However, it's important to note that investing in foreign stocks can come with additional risks and considerations.

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