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Better EV Stock: Rivian vs. Tesla


Electric vehicle (EV) stocks are fighting an uphill battle right now, as EV sales growth has slowed in the U.S., rising costs have affected automakers, and EV tax credits ended last year.

But the long-term potential for EVs remains intact, and an estimated 25% of global automotive sales will come from EVs by 2030, according to Goldman Sachs Research. Not all companies will benefit equally, of course, so it's worth taking a look at two key players -- (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) -- and how they might fare as the EV market continues to take shape.

Image source: Getty Images.

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Source Fool.com

Tesla Inc Stock

€302.20
1.550%
Tesla Inc gained 1.550% today.
Our community is currently high on Tesla Inc with 104 Buy predictions and 40 Sell predictions.
With a target price of 396 € there is a positive potential of 31.04% for Tesla Inc compared to the current price of 302.2 €.
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