Longtime listeners know by now that Luke is exceptionally bullish on electric vehicle stocks, but one EV company stands out from the rest ... that stock is Canoo (GOEV), a blockchain-based pioneer in automotive subscriptions.
Electric vehicle stocks have been all the rage on Wall Street lately. With EVs representing the next generation of automobile transportation globally. And over the next decade, the combination of government support, falling costs, improving tech and shifting consumer demand will pave the path for electric vehicles to take over the world.
GOEV stock is at the forefront of this disruptive reality.
That's because, despite all of the various EV companies, most of the products in the EV space look relatively similar. That is, Tesla's Model X, Fisker's Ocean, Nio's EC6, etc. all look like ICE (internal combustion engine) cars.
Despite all the innovation happening in the electric vehicle space today, there has not been any reimagining of the design of the cars.
Canoo has quite literally reinvent the wheel. Give Luke's video a watch to get a deeper look into GOEV stock and why it's a buy at today's price.
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On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this video.
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#GOEV #Canoo #ElectricVehicles