Better EV Stock: Rivian vs. Tesla
(NASDAQ: TSLA) has dominated the electric vehicle (EV) market for over a decade, but the company's core business has begun to struggle. Rivian Automotive (NASDAQ: RIVN), meanwhile, is still in the early innings as an automaker, but is starting to hit important milestones.
Both stocks come with risk, but one has a much better setup for investors right now.
Rivian slipped back into negative gross margins in Q2 after two straight positive quarters, with higher material costs due to supply constraints and new tariffs taking their toll. The loss of the federal $7,500 EV tax credit this fall will be another drag. Those are real headwinds, but they don't take away from the progress that Rivian has been making.
Source Fool.com
Tesla Inc Aktie
308,85 €
3,02 %
Leichte Kaufneigung bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Die Community erwartet für Tesla Inc ein Kursziel von 397 €, was eine Steigerung von über 20% gegenüber 308.85 € bedeuten würde.
