Better EV Stock: Rivian vs. Tesla
It hasn't been a great start to the year for Rivian Automotive (NASDAQ: RIVN) stock. Shares are down 16% year to date as investors' faith in the electric vehicle (EV) growth story dwindles. The company itself is still in its early stages when expenses remain high and earning a profit is still relatively far out.
One would think some of those investors would instead seek a profitable EV maker like (NASDAQ: TSLA). Yet Tesla stock has fallen twice as far since the start of the year. But Tesla stock has a much bigger story. And its 42% drop so far in 2025 came after a monumental run higher after the U.S. election in November.
Investors who want exposure to a still-growing EV sector now have an interesting decision to ponder. Would it make sense to own Rivian with its strong and growing brand and high long-term potential? Or should one buy the dip in Tesla stock based on its existing profitability and prospects beyond its current EV lineup.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 107 Buy predictions and 41 Sell predictions.
On the other hand, the target price of 404 € is below the current price of 412.35 € for Tesla Inc, so the potential is actually -2.02%.
