From Nasdaq, Inc.:

1. The delay of the Apple Car has positively affected the stock market, with several electric vehicle stocks rising in value on Tuesday, including Lucid Group, Li Auto, and Xpeng.

2. Recent reports state that Apple’s entrance into the EV market has been delayed until 2028, with the vehicle set to include driver-assistance features comparable to existing Tesla models.

3. Apple’s quiet but powerful presence in the market poses a significant threat to existing electric vehicle companies, and the delay and limited feature set of the Apple Car have been met with relief by industry competitors.

4. On the investing front, experts advise weighing the potential risks and returns before purchasing Lucid Group stocks, especially given various other lucrative investment options on the market.

5. This news article advises past and potential stock investors of the potential impact of the Apple Car delay, particularly on the value of electric vehicle stocks, and presents additional investment opportunities related to the current market forecast.



Read more: Why Electric Vehicle Stocks Like Lucid and Li Auto Triumphed on Tuesday