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Electric vehicle (EV) makers are working hard to challenge Tesla's leading market share, and the stocks of three popular names jumped today. It wasn't just the large legacy carmakers Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) that have investors buying, but also start-up Rivian Automotive (NASDAQ: RIVN).
Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
Let's see if the recent dip in Tesla and General Motors stock is a buying opportunity.