Better Buy: Rivian Stock or Lucid Stock?
The current share prices of both Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) are both far below their prices when they first went public in 2021. The price drops may be tempting investors who are looking to scoop up an electric vehicle (EV) stock right now.
While both companies are working to mass-produce impressive electric vehicles, only one of them looks like a good long-term investment at the moment. Let's take a closer look at each one to find out which one is the better buy.
Image source: Rivian.
Source Fool.com