Comparing Rivian Automotive (NASDAQ: RIVN) to Tesla (NASDAQ: TSLA) or Lucid Group (NASDAQ: LCID) is one thing. But staging a side-by-side of Rivian to a traditional automaker like Ford (NYSE: F) has starker contrasts. Or does it?

Ford is transforming itself into a diversified car company and even expects to generate 40% of its revenue from electric vehicles (EVs) by 2030. Now that Rivian is public, EV investors may be wondering if it's worth buying shares of the new kid on the block or the old dog that's quickly learning new tricks. Here's the case for each.

Image source: Getty Images.

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Source Fool.com