The electric vehicle (EV) market has been a hotbed of investor activity, with Tesla Inc (NASDAQ:TSLA) being a prime focus. However, a prominent fund manager has advised against investing in EV stocks and suggested alternative options. What Happened: Freddie Lait, the Chief Investment Officer at Latitude Investment Management, expressed skepticism about the EV sector during a recent interview with CNBC. He pointed out that despite the significant initial investments, most EV companies are yet to turn a profit. Lait predicted that it would take another three to five years to identify the success…
