Better Buy: Rivian vs. Lucid Group
Just about any investor familiar with electric vehicles (EVs) will tell you that is the leading EV stock. But things get a bit more contested when you begin looking at second place and what might be the next up-and-comer to shake up the automotive industry.
Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) came public at roughly the same time and are taking different approaches to building their place in the EV sector.
The stocks are both down roughly 90% from their respective highs, so which is the better EV stock? A look at the data will reveal one clear winner. Here is what you need to know.
Source Fool.com
Tesla Inc Stock
€135.30
1.560%
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 26 Sell predictions.
As a result the target price of 249 € shows a very positive potential of 84.04% compared to the current price of 135.3 € for Tesla Inc.
