The electric vehicle (EV) and solar industries are both playing pivotal roles in the energy transition. However, rising interest rates have dampened growth rates. (NASDAQ: TSLA) finds its margins compressing to multiyear lows due to steep price cuts. Enphase Energy (NASDAQ: ENPH) and SolarEdge Technologies (NASDAQ: SEDG) are now in a legitimate downturn.

Even after last week's epic market rebound, Tesla has lost 12.6% of its value over the last month, while Enphase is down 30.8%, and SolarEdge has suffered a brutal 38.4% sell-off. Let's determine if you should buy the dip on the EV industry with Tesla or take a 50/50 split of Enphase and SolarEdge to bet on a rebound in the solar industry.

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Source Fool.com