Amazon's massive investment in the electric vehicle (EV) sector has sent shockwaves through the market, with a staggering 90% of the e-commerce giant's portfolio now dedicated to a single EV stock. The company's bet on this industry leader has sparked intense speculation about the future of transportation and the potential for exponential growth in the EV market. While many might assume Amazon's investment is in Tesla, the truth is far more surprising, with the online retail giant pouring its resources into a lesser-known EV innovator. As the world transitions towards a greener, more sustainable future, Amazon's bold move is being closely watched by investors and industry experts alike, with many wondering what this means for the future of the EV sector.
90% of Amazon's Portfolio Is Invested in This EV Stock (Hint: It's Not Tesla) Yahoo Finance