Better Stock Buy: Tesla or Rivian?
Electric vehicles (EVs) have become a big part of the future in the automotive industry, thanks mainly to the path (NASDAQ: TSLA) paved as the first company to mass-produce them successfully. Today, the dynamics of the EV market could be shifting. New competitors, such as Rivian Automotive (NASDAQ: RIVN), are ramping up, and almost all legacy brands have launched various EVs.
From an investment standpoint, Tesla's $700 billion market cap makes it a Goliath. At the same time, Rivian, a company with a valuation of $15 billion, plays the role of David, offering a newer stock with arguably higher potential.
But which is the better stock to own today? Here is what you need to know.
Source Fool.com
Tesla Inc Aktie
219,45 €
-3,64 %
Die Community unterstützt Tesla Inc leicht, mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 249 € für Tesla Inc impliziert eine leichte Steigerung gegenüber dem aktuellen Kurs von 219.45 €.
