There’s no way of denying it. When investors hear the phrase “EV” (short for electric vehicle), the first company they think of is Tesla Motors (TSLA).
And they well should. Tesla has found more success — and notoriety — in the electric vehicle market than any other manufacturer has … and its vehicles are easily the coolest electric vehicle models on the road today.
But TSLA stock isn’t the only electric car opportunity out there. There are plenty of other plays in the electric vehicle space that could be just as rewarding. Not all of them are even manufacturers; some of them are simply suppliers.
Take a look at some off-the-radar electric vehicle stocks that aren’t Tesla … but that will still benefit from the EV mega-trend.